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: Michael Greene who wrote (76)	12/18/1996 12:55:00 AM
From: Brian Meath	of 276

I brought a laptop home from work today to check some stocks before I leave for London, and got your message. Just to let you know, several people I know that have been following the co for years have doubled up their positions this week at 8 - 8 1/8. I couldn't help but do the same and then some, liquidating another name and buying on margin. Revenues will be at an all time high by a significant margin, and 2Q97 vs 2Q96 earnings will be very strong. Coupled with the fact that small caps are finally gaining some ground on large caps, and you can almost smell the momentum guys getting ready to pounce. Keep an eye on the volume. The last time we saw average volume go above 30,000 shares, the stock shot from 6.75 to 11.00 in a month. Let's hope for a similar % move between now and mid-January. This could be a great CHristmas indeed.

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