SME(svcdq) has it bottomed out yet? Or will it hit bottom? Message Board

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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom?

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To: christopher who wrote ()	8/12/1997 8:52:00 PM
From: christopher	of 305

Here's the latest from The Tennessee Investor; "Reported 2Q earnings of 1 cent vs a 2 cent loss, which was its first profit in a non-December quarter in quite a while. Later the company announced that it was conducting a tender offer for all of its $100 million 8.37% senior notes due in 2001. Also the company signed a five year $900 million bank facility to replace its existing bank line, and other obligations. Stock is rated a buy at current levels in anticipation of a turnaround which we believe is already in place. Morgan Keenan upgrades from hold to ok to buy"

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