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


To: WEBNATURAL who wrote (63)8/25/1999 9:32:00 AM
From: myturn  Read Replies (1) | Respond to of 145
 
I just got off the phone with Marty Wilson. Nothing new to discuss. I discussed with him about when he though Office Depot would start kicking off their add campaign. He did not have a date, but anticipates it happening before the year is out.

PAPO



To: WEBNATURAL who wrote (63)8/25/1999 10:05:00 AM
From: Brad  Respond to of 145
 
With Total Outstanding Shares of 3.14 million, Smith Corona's Market Cap is presently around $3.9 million.

Does SCCO have enough financial resources for a turnaround?
Well, here are a few interesting facts that a lot of people might not know...

Cash: $5.4 million
(Plus an available Credit Line of $25 million)

Total Assets: $22.2 million
Total Liabilities: $17.8 million

Stockholders Equity: $4.38 million

And they just licensed their name to Office Depot for a New Product Line. Office Depot is the world's largest retailer of office products.

Interesting!