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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: RAJU EASON who wrote (8)5/1/1996 11:27:00 PM
From: Brian Meath   of 276
 
I'm not familiar with Zigo and Unph. It was my understanding that
TNCR is the main competition in this market. I spoke with Linda Case
yesterday regarding where SMIT sees itself relative to TNCR - whether
planned to go head to head, or develop some niche. She referred me
to Wayne, who I have not been able to get yet this week. She did,
however say they were "very comfortable" with the 20 cents earnings
target for FY96 ending May. The stock has started to move again
recently (alltime high price and volume yesterday), but the real
move should come when they report in June.
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