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Technology Stocks : Simulation Sciences (SMCI) -- Ignore unavailable to you. Want to Upgrade?


To: Papril who wrote (153)2/16/1998 10:01:00 PM
From: WTSherman  Read Replies (1) | Respond to of 183
 
The R&D story gets odder and odder...if they were incurring expenses before they had a contract its an awfully strange way of doing business, from my point of view. Yes, sometimes one will do some work so as to get an order, but, its usually not a significant expense. Spending alot of money without a commitment from a customer is very, very dangerous



To: Papril who wrote (153)2/17/1998 3:35:00 PM
From: Linch  Read Replies (1) | Respond to of 183
 
Today I bought 1280 shares at 7 1/8. While this stock does appear to be at a great price and has great long-term prospects I probably will not hold it for a long period of time because of the short term uncertainty combined with the fact that I just dont know this company well. Papril, your conversation with the CFO is what pushed my hand here. Hopefully this meeting with analyst today will provide some lift, or atleast a solid floor.