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Non-Tech : Simula (SMU)

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To: Jaime H. Ayalde who wrote (1616)6/3/1999 6:59:00 PM
From: chipchap  Read Replies (1) of 1671
 
Hi Jaime...

I once had some OEA stock. It seems to be much more of a commodity type producer than Simula. It had several earnings disappointments that skewered the stock. It was ramping up on expectations that were way out of line. It billed itself as a low-cost producer. As with Simula, it had trouble getting parts at a decent price and in a timely way. It was also viewed as somewhat of an anomaly in that the auto companies, as you know, have been looking for vendors who deliver full-fledged systems while OEA was/is a one trick poney.

By the way, now that we have digested the fact that the second ITS customer was Rover (or at least partially digested, some is still stuck in my throat ), when should we be hearing about a truly new customer?
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