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

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Oct 31 9:30 AM EST

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To: MANNLAKE who wrote (209)	10/21/1997 12:58:00 PM
From: David Wiz	Read Replies (1) of 276

Anybody know if anything came out of the Red Chip Review session? For those that might have missed it, here's a nice piece of news: Forbes Rates Schmitt in Top 200 Small USA Companies PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 20, 1997--Schmitt Industires, Inc. is pleased to announce its inclusion in the November 3, 1997 issue of Fobes Magazine, ''The 200 Best Small Companies in America.'' Schmitt was ranked by forbes as #147 overall out of 200. The study considers sales growth, profitability, net income and return on equity over the last five years. Wayne A. Case, President and Chairman of the Board, stated: ''The Forbes article confirms our belief that we have a truly unique company at Schmitt. Our goal is to maintain our five year growth rat of 53% and earnings growth of 47%.''

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