If Delphi is indeed a done deal, as some would have us believe, this is very big news for SMU (regardless of the short term results of the deal. I say this because:
1.) Autoliv will be hearing footsteps on the ITS front, and
2.) SMU will, for the first time, have a vendor who WANTS to sell the ITS, and likes Simula.
To me this means Autoliv either sells, or loses the product outright, and the ITS may become a defacto standard in the industry if GM "volume platform" cars use it.
Either way, it looks as if SMU is the clear winner here. Remember, this is a time stock, not a timing stock. |
