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

To: wpckr who wrote (1151)	6/9/1998 1:07:00 PM
From: Jaime H. Ayalde	Read Replies (2) \| Respond to of 1671

Breaking todays highs tomorrow is Key! SMU could make headlines due to most %Gainer on the NYSE. It will bring researchers in to the %Gain Alert. The Fool has picked it up. The Lunchtime News (Archive) Jun 09, 1998 FOOL PLATE SPECIAL An Investment Opinion by Alex Schay Inflatable Growth The biggest percentage gainer on the New York Stock Exchange this morning was transportation safety and energy absorption products company Simula Inc. (NYSE:SMU - news) . The firm moved up $2 5/16 to $16 9/16 -- back to the level it achieved when it reported first quarter results earlier this year -- after announcing that TRW (NYSE:TRW - news) Vehicle Safety Systems is going to integrate Simula's inflatable tubular structure (ITS) into TRW's product line for side-impact protection systems. Simula's ITS product is the only one on the market designed specifically to protect the head and neck of vehicle occupants in the event of a side-impact collision, as well as potentially provide for the containment of occupants in rollover and secondary impact collisions. Currently, U.S. side-impact safety standards only deal with the use of foam padding and structural beam support technology, but the National Highway Traffic and Safety Administration is in the process of examining head crash standards (as measured by quantifiable head injury criteria). This is due to the fact that side-impact collisions are the second leading category of injury accidents and the leading category of fatal accidents, accounting for approximately 25% of all injuries and 34% of all fatalities, with a significant majority of such injuries caused by impact to the head and neck. However, side impact protection in automobiles is still optional for manufacturers. Simula's patented airbags have thus far been adopted by BMW, and have received numerous endorsements from organizations like the Insurance Institute for Highway Safety. In March, Simula entered into a teaming agreement with Delphi Automotive Systems, a first tier automotive component supplier and subsidiary of General Motors (NYSE:GM - news) . And up until the end of May, Simula received a total of approximately $37 million in new orders. TRW is the world's largest provider of occupant restraint systems (including air bags, seat belts, and steering wheel systems), and this morning's announcement holds out tremendous opportunity for the company. TRW and Simula are currently "integrating the ITS on two vehicle platforms and have agreed to work together on programs for at least two additional automotive customers." As well, TRW and Simula will work on joint programs to develop, market, and sell applications of the Simula ITS to other automotive manufacturers. Despite the fact that ITS is not currently Simula's most meaningful unit in terms of revenues, growth in this segment will be key to the company's profitability going forward. Investors this morning are banking on it -- before the actual numbers are released.