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

To: MANNLAKE who wrote (211)	11/21/1997 7:34:00 PM
From: David Wiz	Read Replies (1) \| Respond to of 276

Steve, We haven't heard much from you lately, but we have heard even less from Schmitt. They had been announcing "record monthly sales" for a while, but not any more. I hope that's because they thought it was getting boring rather than because it's no longer happening. Smitty took a big hit today on large volume, but no news. I happend to catch a 10,000 share trade at 9 3/4 that seemed to stop the slide. Could that have been a buyback? Any insight on how the new product is doing? Maybe I should call IR. David