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   Technology StocksSMIT (Schmitt Inds)likely to post 400% earnings gain YoY


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To: Stephen J. Schmidt who wrote (230)6/7/1998 1:37:00 AM
From: Carl R.
   of 276
 
Why are you posting second quarter results again? Third quarter results are found at:
sec.yahoo.com

Veeco is projecting declining sales for the Schmitt measurement systems during the rest of 1998.

Carl

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To: Carl R. who wrote (231)6/7/1998 1:11:00 PM
From: Stephen J. Schmidt
   of 276
 
Whoops :-)

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To: Stephen J. Schmidt who wrote (232)6/16/1998 9:17:00 PM
From: Stephen J. Schmidt
   of 276
 






6/16/98 - Schmitt Industries, Inc. Announces Successful Testing of SB-4500 Dynamic Balancer Controller
--------------------------------------------------------------------------------


PORTLAND, ORE. (June 16) BUSINESS WIRE -June 16, 1998--Schmitt Industries, Inc. (NASDAQ:SMIT) is pleased to announce the successful testing of its new SB-4500 Dynamic Balancer Controller.

This advanced, high-speed controller is a technological breakthrough that allows faster balancing at lower balancer levels and also has multiple task controlling capabilities.

Wayne A. Case, President and CEO of Schmitt commented: "The new SB-4500 series Balancer Controller will allow us to expand our balancer markets in existing high speed (20,000 RPM plus) markets while still supporting the lower speed market with the same controller unit. This new technology measures and controls vibration to .004 millionths of an inch. This is a ten-fold improvement for our current balancer technology, and Schmitt believes it is the best in the industry. The SB-4500 allows multiple tasking of multiple balancers and/or a balancer plus controlling other functions which gives us the opportunity to broaden our industrial machine tool product lines and markets."

Schmitt is also developing advanced non-contact dimensional and surface profile measurement gauging for the roll grinder industry, which will be market ready by the fourth quarter of 1998.

Schmitt expects these products to increase sales throughout 1998 and 1999.

The information contained in this release includes "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934, and is subject to the safe harbor created by those sections. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance; actual results may differ materially from those projected in the forward-looking statements as a result of various factors including, but not limited to, those set forth in the Company's Form 8-K filed with the Securities and Exchange Commission on June 6, 1996.

-0- kjs/ix*

CONTACT: Schmitt Industries
Linda M. Case, 503/227-7908

KEYWORD: OREGON

INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT Today's News On The Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.
URL: businesswire.com





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To: Stephen J. Schmidt who wrote (233)7/10/1998 2:00:00 PM
From: Stephen J. Schmidt
   of 276
 
SAN BRUNO, CALIF. (July 10) BUSINESS WIRE -July 10, 1998--M&A West,
Inc., a San Francisco-based financial public relations and investment
banking firm, announced today the addition of fifty-five small/micro
cap companies to the bulletin board on one of its web sites,
www.microcapchat.com .

The additions are small and micro cap companies who trade on the NASDAQ
and the OTC Bulletin Board. The new companies include: 1st Miracle
Group (OTCBB:MVEE), American Bio Medica Corporation (NASDAQ:ABMC),
Applied Voice Recognition, (OTCBB:AVRI), C-Phone Corporation
(NASDAQ:CFON), Cell Robotics International, Inc. (OTCBB:CRII), CFI
Mortgage (NASDAQ:CFIM), Comtex Scientific Corporation, (OTCBB:CMTX),
Consolidation Capital North America, (OTCBB:CDNO), Coordinate
Healthcare (OTCBB:CHCK), Datalink Systems Corp. (OTCBB:DASY), DCGR
International Holding (OTCBB:DCGR), DELGlobal Technologies
(NASDAQ:DGTC), Energy Drilling (OTCBB:EDII), Environmental Remediation
Holding Corp. (OTCBB:ERHC), EuroTelecom Communications (OTCBB:EUTC),
Firamada, Inc. (OTCBB:FAMH), Frederick Brewing Co. (NASDAQ:BLUE),
Global Games (OTCBB:GLOW), Interjet Net Corporation (OTCB:IJNT), JAMR
Technologies (NASDAQ:JAMR), Jaws Technologies (OTCBB:JAWZ), La-Man
Corporation (NASDAQ:LAMN), Mamatech Corp. (OTCBB:MAMH), Media
Entertainment (OTCBB:MEME), MFRI, Inc. (NASDAQ:MFRI),
Micros-to-Mainframes (NASDAQ:MTMC), Mity Lite, Inc. (NASDAQ:MITY),
MobileVest, Inc. (OTCBB:MOBV), NAM Corporation (NASDAQ:NAMC), Noise
Cancellation Technologies, Inc. (NASDAQ:NCTI), Norman Gaming &
Entertainment (OTCBB:NRAG), Osage Systems Group, Inc. (OTCBB:OSGE),
PANACO, Inc. (NASDAQ:PANA), Phoenix Media (OTCBB:PXMG), Planet City
Corp. (OTCBB:PINC), Proformix Systems, Inc. (OTCBB:PRFX), Say Yes
Foods, Inc., (OTCBB:SYES), SBS Technologies, Inc. (NASDAQ:SBSE) Schmitt
Industries (NASDAQ:SMIT), Silver Star International (OTCBB:SVSR),
SmarTire Systems, Inc. (OTCBB:SMTR), Tel-Instruments Electronic Corp.
(OTCBB:TINE), Telcom Wireless (NASDAQ:TCTV), Tengasco, Inc.
(OTCBB:TNGO), Texas Micro, Inc. (OTCBB:TEXM), The General Store
(OTCBB:GSIC), The Quantam Group (OTCBB:QTMG), The Tirex Corporation
(OTCBB:TXMC), Thermo Tech Technologies, Inc. (NASDAQ:TTRIF), Vari-L
Company, Inc. (NASDAQ:VARL), Wiltek (OTCBB:WLTK), Wolf Industries, Inc.
(OTCBB:WLFN), XXSYS Technologies (NASDAQ:XSYS)

Scott Kelly, President of M&A West stated, "These companies were
requested by our members and we are reviewing them for the inclusion of
a company profile, compiled by our own research team. We hope to
arrange for the management, analysts and traders of these stocks to
post on the board in the future."

Among the profiles presently on site are Players Network (OTCBB:PNTV),
Casino Journal Publishing Group (OTCBB:CJPG), Mortgage Bankers Holding
Corporation (OTCBB:MBHC), Chadmoore Wireless Group (OTCBB:MOOR), and
ComTech Consolidation Group, Inc (OTCBB:CCGI).

M&A West, Inc, in addition to its homepage, www.mawest.com , manages and
owns www.microcapchat.com , www.financialnewsstand.com, and
www.financialbookstore.com . Future sites, currently under construction,
include a list of America's leading venture capital firms at
www.venturelist.com and a stock research site at
www.microcapquotes.com .

-0- DB/sf* ms/sf

CONTACT: M&A West, Inc
Aaron C. Lang, 650/588-2678

www.mawest.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business
Wire's full file on the Internet

with Hyperlinks to your home page.
URL: businesswire.com

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To: Stephen J. Schmidt who wrote (234)7/17/1998 8:59:00 AM
From: jackson
   of 276
 
Anyone,

What in the world has happened to this DOG?????

Jack D.

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To: jackson who wrote (235)7/18/1998 10:52:00 AM
From: David Wiz
   of 276
 
Jack,

Mutt is more like it (a mixed breed of measurement and balancing equipment). I think it's still going to be a few quarters before we see much good news coming out.

It's become such a small part of my portfolio that I don't even bother much with it anymore. I'll probably hold on at least until the end of the year and then sell if I need to offset some cap gains.

David

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To: David Wiz who wrote (226)7/19/1998 11:37:00 PM
From: Karl Drobnic
   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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To: Karl Drobnic who wrote (237)7/21/1998 1:18:00 PM
From: David Wiz
   of 276
 
Karl,

7 DMT-2000's at $165,000 is $1.16 million. Their sales for the quarter were only $2.37 million. Don't you at think this would merit a mention in the earnings report, even if they didn't name the buyer?

David

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To: David Wiz who wrote (238)7/22/1998 10:47:00 AM
From: Karl Drobnic
   of 276
 
They told me they had the order, but not when they would be shipped and payment received.

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To: Karl Drobnic who wrote (239)9/14/1998 7:12:00 PM
From: David Wiz
   of 276
 
Nice move today. Anyone know why? Anyone still out there?

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