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<p class=MsoNormal><font size=3 color=black face=Arial><span style='font-size:
12.0pt;font-family:Arial;color:black'>The home page of the RW has a statement
from Loughborough<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 color=black face=Arial><span style='font-size:
12.0pt;font-family:Arial;color:black'><o:p> </o:p></span></font></p>
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style='font-size:12.0pt;color:black'> </span></font><o:p></o:p></p>
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<p class=MsoNormal><b><font size=2 face=Tahoma><span lang=EN-US
style='font-size:10.0pt;font-family:Tahoma;font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span lang=EN-US style='font-size:10.0pt;font-family:Tahoma'>
nabbers@yahoogroups.com [mailto:nabbers@yahoogroups.com] <b><span
style='font-weight:bold'>On Behalf Of </span></b>Bickerton, Roderic (SELEX <st1:place
w:st="on"><st1:City w:st="on">GALILEO</st1:City>, <st1:country-region w:st="on">UK</st1:country-region></st1:place>)<br>
<b><span style='font-weight:bold'>Sent:</span></b> Monday 21 September 2009
16:33<br>
<b><span style='font-weight:bold'>To:</span></b> nabbers@yahoogroups.com<br>
<b><span style='font-weight:bold'>Subject:</span></b> [nabbers] TES,
speculation</span></font><span lang=EN-US><o:p></o:p></span></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><br>
<br>
<br>
<o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>What a sad day, probably the end as we know it.</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Having run my changes page for several years now its been
obvious that the number of TES jobs has dwindled, to the point of being
less than some of the small hanging concern.</span></font><o:p></o:p></p>
</div>
<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>In retrospect the surprising thing is how long they have
kept going, it must have been very difficult and stressful for all concerned
and for a long time.</span></font><o:p></o:p></p>
</div>
<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>What is left? lightly not enough for a foundry and
large premises, more likely a small unit keeping the name and contracting
out foundry work, hopefully able to retain a much reduced tuning facility, but
even that may be difficult to justify.</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>What is there of value, as a business?</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>There must be a nice little maintenance business, with
some regular scheduled work, located on an unsuitable site.</span></font><o:p></o:p></p>
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<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Is there anything else that could be considered a going and
potentially profitable concern?</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>They are a bit like the C of E in some ways, an ever
decreasing business to be kept going in the face of maintaining an English
heritage in unsuitable buildings more national museum than place of
work.</span></font><o:p></o:p></p>
</div>
<div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <o:p></o:p></span></font></p>
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<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Could the C of E go the same way?</span></font><o:p></o:p></p>
</div>
<div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <o:p></o:p></span></font></p>
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<pre><font size=2 face="Courier New"><span style='font-size:10.0pt'>SELEX Sensors and Airborne Systems Limited<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>Registered Office: Sigma House, <st1:Street
w:st="on"><st1:address w:st="on">Christopher Martin Road</st1:address></st1:Street>, Basildon, <st1:place
w:st="on">Essex</st1:place> SS14 3EL<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>A company registered in <st1:country-region
w:st="on">England</st1:country-region> & <st1:country-region w:st="on"><st1:place
w:st="on">Wales</st1:place></st1:country-region>. Company no. 02426132<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>********************************************************************<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>This email and any attachments are confidential to the intended<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>recipient and may also be privileged. If you are not the intended<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>recipient please delete it from your system and notify the sender.<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>You should not copy it or use it for any purpose nor disclose or<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>distribute its contents to any other person.<o:p></o:p></span></font></pre><pre><font
size=2 face="Courier New"><span style='font-size:10.0pt'>********************************************************************<o:p></o:p></span></font></pre>
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