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

STOCKTALK

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.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Denice who wrote (154)	7/15/1998 8:43:00 AM
From: James F. Hopkins	of 305

Denice; I like their plan and new look , and I think it will reduce overhead going forward, it's just that they wound up with so much debt and having to service the interest on it is bound to eat away at margins and may over ride what they save with the other. At any rate it's going to be hard. Watch the volume and hold as long as she ticks up on volume that's at least as good as the average 3 month volume. If volume falls below average she could settle back down. --------------------- What do they say , "Need is the mother of invention " well I think their "self service" floor plan is one of the future, and will likely be copied by others. But will it catch on fast enough and be enough for SME to dig out of her debt hole is the question. ------------------- I like shopping with them, and have gotten several bargains as they discontinued items. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next