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

To: greentree who wrote (1398)	9/18/1998 11:51:00 AM
From: Gaffa	Respond to of 1671

16g on-line and at margins by the end of this year. This I kind of consider entitlement, get it back to > 10 perhaps, I doubt it can help much. The market took x% away from SMU's value when they say they can't deliver, simply fixing that problem won't get back all the lost ground. ITS car #3 in showrooms late Q1 early Q2 1999. Good enough for me. But I'd be in heaven if I see anyone from the big 3 and Toyota, Honda and Nissan. One can certainly dream... Rail/train sold by year end. I don't quite understand the dynamics on this issue. does this give Wall St. a better image for the same business? We triple from here within 12 months. Small cap in today's kind of market? I'd be happy to see 17. Thanks Greentree...

To: greentree who wrote (1398)	9/18/1998 11:05:00 PM
From: JB	Respond to of 1671

Well.........if we are not going to make money on SMU's ITS program, at least laugh about it. This is from a news source. Enjoy ! GOVERNMENT PROPOSES THAT AIRBAGS COME PRE-FILLED TO AVOID INFLATION RELATED INJURIES The National Highway Traffic Safety Administration, along with the Department of Transportation, Bureau of Alcohol, Tobacco, Firearms and Nerve Gas, Health, Human Abuses and Welfare and the Merchant Marines are issuing new guidelines requiring auto manufacturers to install air bags that are permanently filled to avoid inflation related injuries. "We concluded this was the only alternative that would provide impact safety under a variety of circumstances," said Transportation Secretary Rodney Slater. "We tried reduced inflation bags to avoid having infants and children blown out the back window during minor impacts but that unfortunately does not provide life-saving protection when a car traveling greater than 90 miles an hour slams into a brick wall. We believe by having the air bag inflated at all times, this will prevent the greatest number of deaths in automobiles," Slater said at a Washington press conference. A spokesman for the American Automobile Manufacturers Association said they will fight the new regulations and noted that he wouldn't be surprised if the government will also require strapping mattresses to the front and back ends of cars. JB