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Non-Tech : Simula (SMU)

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To: Jacob Lewin who wrote (1057)4/2/1998 10:26:00 PM
From: Noblesse Oblige  Read Replies (2) of 1671
 
Hi Jacob....

Don't "sweat" the small ones, sir. Unfortunately, however, the company has lost a degree of credibility because of the third and fourth quarter results. I just don't want imaginary things to depress what appears to me to be an already depressed shareholder base.

All the tea leaves point in the right direction I think. Finally!!

With TRW, Delphi, and Breed obviously in the picture (and I was at the Detroit SAE Auto show...and believe me, all of them what positive on ITS), it is my guess that it will be only a short period of time before the company has another platform to announce.

What is more, the obvious delay of "curtain" announcements is indicative that we may not be facing short-term competition in the market from that product line. If that is so, we will get a much larger portion of the side-impact, head protection market than even the most aggressive of us thought.

Keep your fingers crossed. I have a "feeling" that the quarter we are in will finally be the stock's launching point.

Have a good evening.
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