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Technology Stocks : SMIT (Schmitt Inds)likely to post 400% earnings gain YoY
SMIT 0.01500.0%Oct 31 9:30 AM EST

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To: MANNLAKE who wrote (211)11/21/1997 7:34:00 PM
From: David Wiz  Read Replies (1) of 276
 
Steve,

We haven't heard much from you lately, but we have heard even less from Schmitt. They had been announcing "record monthly sales" for a while, but not any more. I hope that's because they thought it was getting boring rather than because it's no longer happening.

Smitty took a big hit today on large volume, but no news. I happend to catch a 10,000 share trade at 9 3/4 that seemed to stop the slide. Could that have been a buyback?

Any insight on how the new product is doing? Maybe I should call IR.

David
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