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Non-Tech : Simula (SMU)
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To: Noblesse Oblige who wrote (1116)5/20/1998 7:28:00 PM
From: Jaime H. Ayalde  Read Replies (1) of 1671
 
Noblesse,

Thanks for the commentary. Every clue seems to turn towards management and their inability to land a contract. We are looking at another 6months before any potential new "bites" on the ITS. Maybe the market feels that SMU will loose all control of ITS as it stands now. SMU has had every mayor player already infiltrated Simula through seats on the board or partnerships. They will ultimately say "thank you very much to SMU but we do not need you anymore, hey guys we do thank you for your research though".

It looks like SMU is going to trade "valued" on the seats and government contracts alone. I had SMU making 15c a quarter back in 1995 but making that kind of $$$ is still a speculation into the future.

Glad to know you are doing well with your other issues.

Good Trading,

Jaime
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