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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: John Bernhardt who wrote (19)5/23/1996 9:55:00 AM
From: Brian Meath   of 276
 
Red Chip Review effect strikes again. It should be a GREAT ride, and
this is only the beginning. I was initially expecting the stock to
move above $16 after they reported year-ending May earnings, but RCR
is having their first ever client conference today, and Wayne Case is
one of the featured speakers. In anticipation, the stock has moved up
35% in the last week, and I would anticipate all time high volume today.

Latest word is that they're talking split alongside the earnings
announcement, which could send the stock over $20 ($10 post-split).
My target is $30 by December. Now that you're in, just don't sell
too soon.
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