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

To: greentree who wrote (1183)	6/15/1998 4:49:00 PM
From: Noblesse Oblige	Read Replies (1) \| Respond to of 1671

Hi Greentree... Perhaps you have misinterpreted my words. My own view is that Simula stock will act like virtually all other stocks...when the numbers start coming through, the stock will respond. The company is on the right track even now, and second quarter results will be written in black, the first such result in many quarters. In the short run, what gets the shares from being an OK performer to being superstar status is more ITS agreements AND the spinoff of the Auto Products Division. The reason is simple enough. Simula has many differing divisions, and probably is a problematic "study" for most analysts that are interested primarily in the auto related operations. If you effect the spinoff, however, that "excuse" is gone, and analytic coverage will be heavy. Almost certainly we will get the best available bang for the buck with that move, as a small division growing at 50%-100% per annum soon becomes large and of interest to the investment community. We are on the cusp of that happening, and I am happy that Simula has proven that it will be in the thick of things on various side impact head protection programs. That is what we really needed, and that is what we now have. All that is left to do is sign more of them and manage the growth. Have a good day.