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Non-Tech : Simula (SMU)
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To: Richard Silvers who wrote (1656)10/15/1999 10:26:00 PM
From: Ryno  Read Replies (1) of 1671
 
I got interested in this thread based on some positive press in AAII Journal, Oct. 99. I expect many of you do not read that, so I will give an excerpt. Please comment on your feeling for this stocks potential.

"...The top line continues to grow as this company achieves success in the side-impact airbag market, the military safety arena, and unfortunately, the commercial aircraft seating business. It will generate close to $120 million in revenues this year. But the ramp and learning curve problems related to its commercial aircraft seating business has just about derailed this company and certainly sullied its credibility. Fortunately, prospects appear to have turned the corner. The stock has dropped from the $20 range to the mid-single digit are where it has languished for what seems like forever. It should turn a profitable year (with earnings pre share of maybe $0.30 to $0.40), the first in almost forever."
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