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: MANNLAKE who wrote (174)	7/16/1997 9:04:00 PM
From: PuddleGlum	of 276

Steve- Did you see the announcement about the new product today? Things have been tough for this microcap since its biggest customer, Seagate, announced that it was going to come up short. Maybe now that the disk drive industry is showing some life SMIT will rise from the dead, too. Wonder what's delaying the official earnings report? Seems like it should be out by now... not that I expect it to be materially different from the preliminary report. I may still be out of this stock soon, but I just had some first hand experience with another microcap (also based in the Pacific Northwest) which skyrocketed. I sold 2/3 of my shares after the runup was only half way through. I waited over a year for that one to show a pulse, so maybe there's hope here too. Steve

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