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Non-Tech : Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP
SPLS 10.250.0%Sep 28 5:00 PM EST

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To: MikeyT who wrote (251)12/27/1999 1:55:00 PM
From: Nimbus   of 297
 
SCCO ... sells to Office Depot.

SCCO
Smith Corona ...yes, the typewriter company.

Just emerging from 1997 Chapter 11, new CEO, strong Q-Q recovery. Profitable this Q likely.

Offering inkjet cartridges of better quality and 30-40% discount over OEM.

SCCO is currently about $1.35/share with ONLY 3.1 million shares outstanding and 2.1 million shares in the float.

New SCCO CEO Bermingham has successfully previously turned around Rolodex as well as divisions of Sony and AT&T. Bermingham will devise a way to take advantage of Smith Corona's incredible 114-year history.

With SCCO's new seven-year contract with Office Depot (the world's largest office products retailer) and the restructuring of the company's focus toward high tech products, this stock should realize tremendous gains in 2000.
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