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To: PAR who wrote (2401)	7/31/1999 9:16:00 AM
From: Ram Seetharaman	Read Replies (1) \| Respond to of 2920

OFF TOPIC: SEW is down because, Brazil, Asia, some of Europe were experiencing downturn till last year. They are all picking up and by next year one might see light at the end of the tunnel. While SEW is risky like any other multinational business, they have been around for a while, and with a price around $ 3, and with business conditions improving they can be a good "turnaround play". I own SEW for the long term!

To: PAR who wrote (2401)	8/1/1999 8:14:00 AM
From: Mao II	Read Replies (1) \| Respond to of 2920

OT PAR: Re Singer, which is having considerable difficulty in the US, not just overseas. M2 NEW YORK, July 27 (Reuters) - Singer Co. (NYSE:SEW - news) said on Tuesday it expects to report a 1999 first-quarter loss that is likely to be larger than the 33 cent a share loss it reported last year. The company, which expects to report earnings during the first week of August, said the loss primarily reflected continued weak demand in the industrial sewing market, and manufacturing overcapacity in the industry. Those factors resulted in reduced sales and margins, the company said. Results also were hurt by continuing operating problems in the German and U.S. consumer products businesses. Shares of Singer on Tuesday closed down 50 cents and hit a 52-week low of $3.19 before inching up to close at $3.25 on the New York Stock Exchange. The company's 52-week high was $7.25. Also on Tuesday, the company reported delayed fourth-quarter 1998 results, which showed the company lost $183 million or $3.61 per share. Without charges, the company lost $27 million or 56 cents a share. The previous year, the company lost $269 million or $5.26 a share.