Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: michael c. dodge who wrote (1320)	8/25/1998 7:17:00 PM
From: Noblesse Oblige	Read Replies (3) \| Respond to of 1671

Hi Michael.... If the Boeing news affected SMU, the seller isn't particularly acute intellectually. SMU's Boeing business is minor indeed. BTW, for what it is worth, Raefon informs me that the 15,000 share sell via Smith Barney was cancelled late in the day. I don't know it for certain, but my guess is that the trade was so far outside of maket parameters that it required approval from a NYSE floor supervisor to be printed. Best guess? Approval wasn't requested or given. I have reported that to Simula, and the company will be checking with the NYSE tomorrow. There is a chance that SMU will have something to say about the decline in the shares ("we know of no reason", etc., etc.) although that isn't firm yet. I checked with two officers today, and was told that the San Diego efficiency improvements are right on schedule, and that the company almost certainly will be making a decision (very shortly) to accelerate its production ramp. Anyway, that doesn't sound like "bad news" to me. I still think we are on target for about a dime in earnings this quarter. Anything more and I will be dancing in the streets. Have a good evening.