Simula (SMU) Message Board

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Non-Tech : Simula (SMU)

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To: wally who wrote (815)	12/10/1997 9:41:00 PM
From: Jaime H. Ayalde	Read Replies (1) of 1671

Surprises usually come with the trend and the trend unfortunately is not positive. Price will lead the news, and visibility brings nothing to the table. Volume should pick up as this new low close will bring others to action. Wally, an 8 to 12 price is not out of the question. (Although Iwould not count it staying there). The street has selling under 13. "NO QUESTIONS ASKED" I think I can see why the Fords and GMs would not want to commit their future safety products on a financially precarious CO. The loses on the chairs has me thrown for a loop. Someone called me and said they had SMU reporting numbers in Jan #@??? News to me..... Ahh... so much easier to trade the trend and not worry about management or fundamentals.

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