SMIT (Schmitt Inds)likely to post 400% earnings gain YoY Message Board

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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: who wrote (26)	6/2/1996 5:31:00 PM
From: John Siewert	of 276

Hmmmmmm. 20 cents net earnings looks good and confirms Brian Meath's post of April 22nd when he kicked off this thread and said he expected '96 net earnings to be somewhere in the 18-25 cents range. Since, according to Ravi & Dow Jones(?), we won't know the actual until mid-July, it will be interesting to see much how the market reacts to this "expected" net earnings report, to say nothing of the '97 net earnings expectation of 40 cents. Does anyone know when most market analysts put earnings into their calculations/recommendations: at the company's announcement of "expected", or when the actual auditied report comes out? I'm glad I bought in mid-April. Any predictions on how high this "expected" earnings announcement will take the stock? John Siewert

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