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Microcap & Penny Stocks : SCAN OPTICS (NASDAQ:SOCR)
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To: Sparky Beardslee who wrote (538)2/24/1998 9:45:00 AM
From: Dennis C  Read Replies (1) of 576
 
"The
Company reported that it will release 33 of its hardware and manufacturing employees
today, but in 1998 will expand its software and
professional services organization by more than 25%, as well as add resources in the areas
of Customer Service and Sales and Marketing.
The Company noted that the overall results of this shift in focus will reduce total
manpower by 10% and enable Scan-Optics to be more
responsive in the marketplace. "

Based on number from the company profile in Yahoo, SOCR employees 298 people, reduce 10% gives 260 left. This means, they are going to hire 3-5 people for the software, marketing and sale area. True?
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