The differences between simplicity of a von Neumann regular ring and s
implicity of its ordered Grothendieck group K0 are investigated. In pa
rticular, we construct examples of stably finite regular rings which a
re not simple but have simple K0. All the nontrivial factor rings of t
hese examples are directly infinite. Also, we prove that a simple regu
lar ring satisfies weak comparability if and only if its category of f
initely generated projective modules is strictly unperforated. (C) 199
5 Academic Press, Inc.