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Non-Tech : Simula (SMU)
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To: Noblesse Oblige who wrote (847)12/17/1997 5:22:00 PM
From: Jaime H. Ayalde  Read Replies (1) of 1671
 
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Record Quarterly Sales ( Up 20%), Operating Earnings Up 37%, Net Income Up 128%, Backlog UP 33%, Book to Bill 1.3 : 1

B/E Aerospace (BEAV) Reports Record 1998 Third Quarter Results -- 40c/share fully diluted

The Aerospace Interiors segment still looks very strong. Orders are out there. What I find very positive is that they were able to increase margins to 36.2 vs 33.9. I would think that it is mainly due to an increase in prices received. Cost of goods up 10MM and profits up 20MM.

What is Wall Street looking at? BEAV was cut by 50% in price.

If only SMU could produce with 33.9 margins, I would be very happy.
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