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Technology Stocks : SMIT (Schmitt Inds)likely to post 400% earnings gain YoY
SMIT 0.0155+3.3%Oct 14 2:00 PM EST

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To: PuddleGlum who wrote (178)8/8/1997 4:32:00 PM
From: FIFO_kid2   of 276
 
Steve, you are having an opportunity to sell your shares. I personally would not sell because it was trading at the high of the day in a horrible market-there will probably more follow through on SMIT on Monday. I did not get in this one and I was following it closely today. The market opened on weakness and the spread did not narrow to an 1/8. By the time the rally occured the spread widened to 1/2. Also, in recent times I found a company, QC optics OPC on the AMEX is a major competitor leaving me with a some uncertainty. Recently, I have been trying to trade a portion of my portfolio and have observed that SMIT should have a bunch of catalysts to send the stock back to the yearly highs in the next four months.
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