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


To: JB who wrote (1318)8/25/1998 5:23:00 PM
From: Noblesse Oblige  Read Replies (1) | Respond to of 1671
 
To the "thread,"

I have been able to confirm that business and efficiencies are improving quickly enough in the San Diego facility that the company will almost certainly be making a decision soon to ramp up the volume.

The selling in the stock today was not based on fundamentals, and it wouldn't surprise me if the company made some sort of press release informing the market of that within the next day or so.

Such a move is currently under consideration, but it should be noted that all of the company directors (including Don Townsend and Sean Nolen, President and CFO) spent today in San Diego at a Board meeting.

Whatever explanations are forthcoming will require that they return home to Phoenix first.

Have a good day.