922612--7/31/2007--SCHMITT_INDUSTRIES_INC

related topics
{product, market, service}
{customer, product, revenue}
{operation, international, foreign}
{stock, price, operating}
{property, intellectual, protect}
{personnel, key, retain}
{tax, income, asset}
Demand for Company products may change. New products may not be developed to satisfy changes in consumer demands. Failure to protect intellectual property rights could adversely affect future performance and growth. Production time and the overall cost of products could increase if any of the primary suppliers are lost or if any primary supplier increased the prices of raw materials. Fluctuations in quarterly and annual operating results make it difficult to predict future performance. The Company may not be able to reduce operating costs quickly enough if sales decline. The Company maintains a significant investment in inventories in anticipation of future sales. Future success depends in part on attracting and retaining key management and qualified technical and sales personnel. The Company faces risks from international sales and currency fluctuations Demand for Company products may change: New products may not be developed to satisfy changes in consumer demands: Failure to protect intellectual property rights could adversely affect future performance and growth: Production time and the overall cost of products could increase if any of the primary suppliers are lost or if a primary supplier increased the prices of raw materials: Fluctuations in quarterly and annual operating results make it difficult to predict future performance: The Company may not be able to reduce operating costs quickly enough if sales decline: The Company maintains a significant investment in inventories in anticipation of future sales: Future success depends in part on attracting and retaining key management and qualified technical and sales personnel: The Company faces risks from international sales and currency fluctuations:

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