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: Manas Pattanaik who wrote (32)	6/8/1996 11:49:00 PM
From: Brian Meath	of 276

The impact on the stock should be felt once the earnings are final, and not just an estimate. Momentum players that follow these small stocks don't have the resources to anticipate the earnings surprise, they just hope to buy into it as soon as it's "real". Like I said before, I anticipate SMIT will actually come in slightly above the 20 cents number, once all is said and done.

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