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Technology Stocks : LEIX Lowrance Electronics a GPS Sleeper?

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To: Leo Francis who wrote (50)3/16/1998 10:53:00 PM
From: Barry Dryer  Read Replies (1) of 186
 
Well, I'm relieved it wasn't you selling LEIX today. <g>

I like the fact that their gross margin percentage improved slightly vs. 2nd qtr last year (28.7 vs. 28.4) and was a full 2 points above the prior qtr (26.7). This reflects price/productivity improvements to go along with the controls on spending. I agree that the next few quarters should be exciting.

Barry
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