SMIT (Schmitt Inds)likely to post 400% earnings gain YoY Message Board

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Technology Stocks : SMIT (Schmitt Inds)likely to post 400% earnings gain YoY

SMIT 0.0170

0.0%

Oct 4 9:30 AM EDT

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To: Brian Meath who started this subject	9/14/2000 8:16:22 PM
From: GARY P GROBBEL	of 276

Had a solid day here w/volume of 65,000 and an intraday high of 2.94 with close up a tick at 2.69. This stock is beginning to show interesting trading characteristics. I have followed the company for years now. Recent trading activity shows a spike on 8-29 to an intraday high of 3.47 on very heavy rel vol for that day of 175,000. Today's vol of 65k and that 175k two weeks ago are the two heaviest vol days going back to 3-23-00, when 100k was traded. These and other factors are some of the things i use to key on a stock in order to determine if we are establishing the groundwork for a potential breakout or at least a new trading range. 52wh here is 4.00 set on 2-17-00, shares outstanding 8m and a float stated from market guide of 5m...but it trades much tighter than that flt would indicate. the ingredients are here under the hood in terms of the technology portfolio and the add'l bread and butter business to potentially justify higher prices depending on corporate developments. excerpts from k and releases are in prior posts. pls do your own due diligence and leave no stone unturned.

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