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Gold/Mining/Energy : Is SMED ready to rebound? (T.SM)
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To: Tupulak who wrote (1)11/14/1998 8:42:00 PM
From: Peter Arato  Read Replies (1) of 16
 
Curtis,

A couple of months back when their earnings tanked it was reportedly because of the move to this nice new manf facility. My understanding was that they had to take on extra staff during the transition, but underestimated the learning curve. And, with management's focus on getting the new facility up and running they took their eye off the bottom line. The question is, is this all behind them? Is the office furniture market still strong (as capital spending is cut back), and how does SMED fit in relative to Teknion??
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