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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: Larry Fahy who wrote (168)6/4/1997 11:26:00 AM
From: PuddleGlum   of 276
 
Larry-
That is indeed good news. I've been trying to sell my shares to get into something a little more liquid, but so far it hasn't reached my minimum price. Have you seen eps estimates for next year of 85 cents? That puts this little company at a forward p/e of around 11, which is quite attractive. Maybe I'll just hold these shares for awhile longer.

Steve
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