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 (192)	9/28/1997 10:40:00 AM
From: David Wiz	of 276

Steve, Thanks for the info. The earnings report indicates that "Industry response to the new high speed system encourages Schmitt to believe that its throughput of 1,200 disks per hour will allow the industry to achieve economical 100 percent inspection of disks for this industry." This sounds great, but is there any indication of the disk-drive industry's expected use of the tecnology? Final inspection of 100% of output isn't always econommical even if Schmitt gives away the machines for free. Other questions regarding the Annual Meeting: Did they report on any new customers? How many people attended the meeting? Any new analysts covering the company?

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