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Simmons Lacks Expertise to Operate Lockheed

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I am concerned about Harold C. Simmons’ intentions to acquire large blocks of Lockheed stock.

Simmons has no experience in managing a high-tech organization such as Lockheed. If he intends to run Lockheed, this is a risky way to obtain on-the-job training.

Simmons’ expertise is gaining control of a corporation, then breaking it up and selling it off piece by piece to make a profit. The United States cannot afford to have Lockheed broken up. Lockheed is a national asset.

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R. G. FULLER

Encino

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