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: Peter R Smith who wrote (68)	11/10/1996 4:56:00 PM
From: Michael Greene	of 276

Peter, I agree with you that the SMIT chart does not look good. Also, it would be tough to build a case that the current price is cheap. What I like about SMIT is that it is a very small company (about 7 mil in revenue) with leading technology in several areas that hold potential for large growth. This has a reasonable chance at being a big winner but it is still a story stock. You buy it on faith, unlike WIND which is happening now and clearly improving in actual performance. I have a significant investment here but very much smaller than my investment in WIND which is a compelling situation. Regards

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