I believe the issue with the c760's is that there is a script that runs at shutdown... that syncs system clock to hardware clock (RTC)... well for some reason "hwclock" wasn't include in that model sets rom... I will have to talk to sash to confirm... but if that is the issue it will be included in the next release...
Late
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What I'm doing is a little diffrent from what you just said, but if this workaround I'm suggesting is accepted as effective I'd be proud if it makes it to the next release.
What I'm doing is (which is just one possible workaround):
on shutdown I'm writing the current system date and time to a file, in a human readable format, so that on next reboot it can be read and used to set up the system date. This is what the scrip, I suggested at the begining, does respectively with the start and stop options.
In order to avoid having to modify /etc/rc.d/rc script you could add the necessary stuff to the "start" case so that it could run properly with the kill stuff in runlevels 0 and 6 (I guess it boils down to creating some file in the var tree). I do not want to do this because I'm concidering writing BSD style init scripts for my c760 as soon as I get some other things straight.
PS: yes I love Slackware