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Technology Stocks : SMIT (Schmitt Inds)likely to post 400% earnings gain YoY
SMIT 0.0213+25.3%Nov 12 3:00 PM EST

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To: David Wiz who wrote (226)7/19/1998 11:37:00 PM
From: Karl Drobnic  Read Replies (1) of 276
 
The sale was to HMT for 7 DMT-2000 devices at $165,000 each. HMT makes disk drives for Seagate. When hardware makers rally again, the DMT-2000 or its improved versions should become standard equipment for disk drive makers. The DMT-2000 has 100% accuracy at 1200 disks per hour. Disk drive makers can't afford to ship faulty product, and they have to deliver fast. So you've got to deliver quality at the standard SMIT has set, or be left behind.
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