Trimble Navigation Message Board

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Technology Stocks : Trimble Navigation

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Dec 4 3:59 PM EST

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To: David who wrote (2695)	8/20/1998 11:32:00 AM
From: arun gera	of 3506

Trimble - A takeover target?? Some indicators that this time Trimble Navigation is really is a takeover target: - Charlie Trimble, who was probably most reluctant to sell the company, has been asked to leave. - The company announced a stock buyback - 1 million shares which is a fairly large number. - The stock buyback was announced soon after the analyst conference call where Trimble management indicated that it had No Plans to buy back company stock. - Some analysts attacked Charlie quite openly in the last analyst conference call. And their were far more analysts at the conference than typical conferences. Were they supporting somebody's agenda? Other Possibilities (fictitious) Charlie Trimble was not happy with being attacked regarding his style of running Trimble Navigation. Charlie quits to maybe start another company. Charlie plans to cash out his stock/options. Board scrambles to avoid stock dilution. One million shares is in the ballpark of what Trimble could have sold. Arun

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