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: stoplossboy who wrote (163)	5/2/1997 11:16:00 AM
From: PuddleGlum	of 276

Michael- What kind of waves do you ride? I thought about riding Elliott waves, but I'm not yet convinced of their efficacy. SMIT is a risk because its earnings visibility is poor, because it's small and unproven, and numerous other reasons. I'm in, but my convictions about this stock's future are not particularly strong. Look for a press release on Monday which announces, among other things, a record sales month in April. Schmitt Europe is profitable a couple months earlier than expected. When I spoke with Linda Case yesterday she seemed very excited about the company, but then I guess she's supposed to be. She also gave a canned spiel about the advantages of Schmitt's products over Tencor's. If the proper questions were asked of the proper people I wonder if the comparison is really such a slam-dunk. Steve

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