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 (39)	7/17/1996 8:59:00 PM
From: Brian Meath	of 276

Steve, thanks for keeping the thread alive. I didn't know if there was anyone out there interested, and have been traveling the last 3 weeks and not checking the boards. Spoke with Linda Case recently. The auditors just finished, and the official numbers should be out the last week of July. Frankly, I'm glad they didn't come out sooner, as the market has been in a mood to plow through any good news lately. Recent downturn can be attributed to two things: 1) our little co is finally showing some correlation with the overall market, indicating its not just the individuals in this one any more, and 2) some broker in Portland was blowing it out of all his clients accounts. I mention this because another guy at the same firm called Linda to apologize for the volatility they had caused SMIT. Apparently the second guy had clients with buy orders, and they could have crossed the trades and saved us all a little worry. I used the opportunity to get even more shares at 9.75 yesterday, and it closed at 11.25 today. Please let me know if you hear any news from the show in SF. Again, thanks for all the info. A fellow Schmittie, Brian.

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