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Technology Stocks : SMIT (Schmitt Inds)likely to post 400% earnings gain YoY -- Ignore unavailable to you. Want to Upgrade?

To: D.Austin who wrote (260)1/16/2000 5:16:00 PM
From: ms.smartest.person  Respond to of 276
 
Ditto on the sector and the risk. I would prefer to see insider buying in November or December. August is more than 1Q back -- can be an eternity in technology.

I would like to see the stock price more stable. I am not looking for quick return on my investment. Their press release seemed more hype than content, to me. I wonder where their research is in comparison with IBM's. Big Blue has the resources (money & tech) to grab the ball and run. I also wonder if GLW will decide to enter this area, too.



To: D.Austin who wrote (260)1/17/2000 10:36:00 AM
From: Carl R.  Respond to of 276
 
Unfortunately the insiders have not shown themselves to be good at deciding when to buy in the past. The most glaring example was when they made a major stock repurchase program with the stock at 8. It drove the stock to 10 for a brief time, but the gain didn't stick.

Carl


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