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Non-Tech : Simula (SMU)

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To: Honest Abe who wrote (912)	2/3/1998 10:00:00 PM
From: wally	Read Replies (1) of 1671

Hi Abe: The worst thing is not the price of the stock. It is that we don't know how long and when the earnings picture will turn around. Q3 was a 40 cent miss, and instead of earning north of 30 cents in Q4 we are hoping the loss is not greater then 5 cents. Also we have not had an ITS order in TWO years, but we are close.. This is much more painful then the price of the stock. I wish I had your comfort level. We will learn how business was in Oct of 97 in March of 98, six months!! We don't even know if the seat business is in the black yet. The scary part is that I am not sure they know!

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