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Technology Stocks : SCCO - Smith Corona -- Ignore unavailable to you. Want to Upgrade?

To: WEBNATURAL who wrote (10)	8/12/1999 9:37:00 AM
From: Brad	Read Replies (2) \| Respond to of 145

News just came out! POSITIVE $0.15 Earnings for the 4Q!!!! Gross Margins are starting to return to higher levels. Already a double from where they were a year ago. And the sales from the deal with Office Depot are still to come! Cash looks good! SGA expenses are staying in a good range. Stockholder Equity improved! That's really good! Total Liabilities were reduced by another $6.1 million. That's a 25% reduction in Total Liabilities in just 1 Quarter!! Excellent! Looks like the New Management is doing the job!!! I'm really pleased with this report. The turn-around (especially with the Office Depot deal) looks good.