SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SCCO - Smith Corona
SCCO 134.88+0.1%Dec 2 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jdcpa who wrote (13)8/12/1999 10:24:00 AM
From: Brad  Read Replies (1) of 145
 
$0.15 Positive EPS for the Quarter vs. a Negative ($1.51) for the same period a year ago (1998)...

New Products...

Office Depot deal just starting up...

Improving financial condition...

Improving Gross Margins... By the way, I noticed they said "...new product sales that will add royalty dollars direct to the bottom line in calendar year 2000."
It looks like this income is from licensing the name. That sure helps cut overhead costs. That should also help Gross Margins and Profits.

Furthermore, the advertising Office Depot does on the licensed products should increase Smith Corona's name recognition which could help increase sales of other Smith Corona products.

I like it!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext