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Gold/Mining/Energy : Is SMED ready to rebound? (T.SM)

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To: Peter Arato who wrote (11)5/25/1999 10:15:00 PM
From: beanster  Read Replies (1) of 16
 
Hi. I recently visited the smed facility. The company is organized, has recently re-engineered staffing requirements, is focused on growth and very sharp. I like what I see. A very sexy company. The people I talked with at the plant seem to have their act together. The sales are quite strong and the future is very bright.

There market is world wide...their product is world class. They have developed a floating floor that reduces the cost of installing upscale offices significantly. Their furniture is superb. I also like the way they take the products to market.

If you add it all up, you have a pretty strong company. Considering the stock has dropped to a $5 low, it appears to me that this one has a lot of upside.

Just a hunch, but if you ask me this one has bounced and is headed up. cb
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