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Well first of all Schiff already wrote and released a memo in response to the Nunes memo, on the same day as the Nunes memo or maybe the next day. I linked to it here: http://freerepublic.com/focus/f-news/3628936/posts The Republicans wrote a response to the Dem memo here: https://intelligence.house.gov/uploadedfiles/hpsci_fisa_memo_charge_and_response.pdf

So we already see there is no indication in their unclassified response that they have any relevant classified response. So the only logical conclusion is that their 10 page memo was other classified talk about Trump or just classified stuff unrelated to the Nunes memo. The Republicans in the committee will probably let the Dems rewrite it, but obviously the salient point is that there was nothing to support the Page warrant except the Steele dossier and news articles planted by Steele.