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

To: George who wrote (1419)	9/25/1998 11:22:00 AM
From: wpckr	Respond to of 1671

I do but it is based on gut feeling, nothing more.

To: George who wrote (1419)	9/25/1998 1:29:00 PM
From: Noblesse Oblige	Read Replies (1) \| Respond to of 1671

Hi George.... I think that management has been primarily concerned with occasionally unruly conference calls that are used as platforms by investors to promote private agendas. (In short, short sellers.) In my view, it is doubtful that the company will actually implement a plan to have the quarterly call in taped format, without shareholders having the opportunity to discuss important issues with management. Too many other firms have found effective ways to minimize agenda driven disruption, in some cases, merely by requiring a reservation to get on the call. It is hard for me to believe that management came up with a plan that will minimize contact with the owners of the business. It would be short sighted, and such a policy would undoubtedly turn off not only all existing institutional investors, but would have a prophylactic effect on the company developing new ones. More likely this idea was an invention of the PR company associated with Simula. I guess we will learn more about the entire issue as we get close to the conference call. I doubt very much whether the issue has come to pass as a result of Simula's "performance" being less than expectations. Although I am bullish on the company, I am not nearly as bullish as the "Street" consensus in the current quarter. I am looking for approximately a dime, with a substantial improvement in quarter four. Based on published information available in earnings estimate compendiums, it appears that Wall Street is expecting a few more pennies than I am for the present period. I am hoping it is right, of course, but I will not be disappointed if my own numbers are reached. Have a good weekend.