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Technology Stocks : SCCO - Smith Corona
SCCO 134.88+0.1%Dec 2 3:59 PM EST

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To: John Fairbanks who wrote (25)8/12/1999 5:15:00 PM
From: Brad  Read Replies (1) of 145
 
Hi John!

Yes, it's been quite a while. Great to hear from you. Hope you are doing well. We live and learn (hopefully) don't we!

I was a bit surprised at the selling today as well. But there are always surprises in the market. I think today's activity just reflects Internet trading.

If Dow Jones and/or Reuters picks up the news, we could see a whole new wave of interest in SCCO. I just see so much upside potential here, especially if the products licensed to Office Depot go well.

The PR talked about many things including...
- The Office Depot deal "represents our first licensing agreement for office products."

- "the company's business strategy to introduce new products..."

- "introducing a new product line in inkjet replacement
cartridges called Inkjet Solutions, which feature a proprietary Snap'n Fill(TM) cap and provide branded products at highly competitive prices.
"

- "Smith Corona will also expand its line of headsets to include a new commercial product line. The new TelEsprit(TM) headsets and amplifiers feature lightweight, comfort construction and provide high margin potential with minimal marketing expense."

All in all, I like what Smith Corona is doing! The prospects for a successful turnaround look good to me.

Take care.
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