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Non-Tech : Simula (SMU)

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To: Francois H. Gaston who wrote (823)12/11/1997 11:04:00 AM
From: Jaime H. Ayalde  Read Replies (1) of 1671
 
Wally, what is the bid on the converts? Closing on the Low for the year for the second year in a row is not encouraging. Having great products is not the same as having a great business. After a certain amount of time a stock will stop trading on expectations of what could be and will trade on what really is. If SMU was cash flow positive I would not think it would be trading at these prices.

Good luck to all as this bear is well entrenched. The SOX is breaking into new lows for the move. Bonds about to make new highs for the year and Gold continues to look for buyers.
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