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Non-Tech : Simula (SMU) -- Ignore unavailable to you. Want to Upgrade?


To: Joel who wrote (1651)9/21/1999 8:53:00 PM
From: John McDonald  Respond to of 1671
 
Please forgive my ignorance..but who is Breed Technologies?



To: Joel who wrote (1651)9/22/1999 3:15:00 AM
From: Jaime H. Ayalde  Read Replies (1) | Respond to of 1671
 
BDT: Breed Technologies designs, develops, manufactures and sells all components used in complete, integrated occupant protection systems including sensors, electronics and related software, airbag modules and inflators, seatbelt systems and steering wheels. This manufacturer of airbags and airbag components stock was suspended from trading in the NYSE due to its Chpt 11 filing. This after record Revenues were reported just 2 Q's back.

Also ABAG: Safety Components Int'l, an independent supplier of automotive airbag fabric and cushions with operations in North America, Europe and Asia.

Seems ABAG ramped up to deliver Airbags for Autolive in their use for 2 Japanese Car Manufacturers. Autothief again snubbed their partner (ABAG) and moved on leaving Safety Comp. Intl in a financial Mess. Interestingly they also reported record Revenues and a return to profitability just last Q.

These recent events do place SMU in a Great position to take a leadership role.