Thanks Klaas. Perhaps you could use Visteon's announcement on their website a few months ago as an example. They expect 16 M units to be applied to the one glovebox application in 2009. If we assume these new beam clip fasteners are now only $8-10 each then we should be looking at a sizeable fraction (30-40%) of the 3 year forward earnings projection TZ released 18 months ago with a single application, especially if providing a 3 year period in which to reach the Visteon target.
TZL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
