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


To: Jaime H. Ayalde who wrote (1305)8/21/1998 6:20:00 PM
From: Jacob Lewin  Read Replies (1) | Respond to of 1671
 
On a slightly more prosaic note, I chatted today with Randall Taylor at Simula about ITS and ITTR. Perhaps this is only news to me, but he mentioned that there is one customer for ITTR (presumably one of the Autoliv customers). Things that I have read in the past, such as Red Chip Review, indicated that the third Autoliv/SMU customer would get ITS. Is it just that ITTR may have been called ITS since it is in the same family or is the ITTR commitment not widely known? Also, what impact do you think that ITTR sale might have on the company? Thanks. Jacob



To: Jaime H. Ayalde who wrote (1305)8/24/1998 1:51:00 AM
From: Jaime H. Ayalde  Read Replies (1) | Respond to of 1671
 
OFF THREAD:

Has the deflationary wave crossed the Atlantic?

Latin American financial markets were pummeled by panic selling on Friday as investors feared the financial crises lashing Asia and Russia had hit American shores. (reuters 8/21)

Colombia's peso collapsing, Venezuelan Bolivar is collapsing, Argentinas, Peruvians, and Brazilians currencies at the edge of the cliff. The Mexican peso brings in 15% less then 3 months ago. This contractionary wave is too big to ignore.

Sooner or later the Fed will be forced to add liquidity by lowering the cost of $$$$ to help ease the pain felt around the globe from its dissapearing wealth.

Jaime