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


To: Jaime H. Ayalde who wrote (1475)10/22/1998 10:40:00 AM
From: WhipsawMcGraw  Read Replies (1) | Respond to of 1671
 
I flew into Phoenix yesterday and had a visit with Simula. I have not been this impressed with a company in a long time. It is understanding why the company chose a growth strategy and blow the margins. The airbags alone make this company very exciting. R & D is the highlight of this company. My point is that Debra Fiakas is not someone that understands this company. If you every met Debby you would know this. Not to sharp. She cannot comprehend why a profitable company would loose money to keep growing. It is truly amazing how Brouse loses Simula's new bond offer to a smaller firm and the company gets downgraded. Few times does the market give you a freeby. I loved the stock at 10, I am drooling at 6.