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Technology Stocks : LEIX Lowrance Electronics a GPS Sleeper?
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To: Leo Francis who wrote (64)4/14/1998 5:48:00 PM
From: FIFO_kid2  Read Replies (1) of 186
 
Lowrance is up today and finished at 6 7/8 x 7 1/4 on 8200 shs of volume. We need volume!!!! The overhead supply appears to have been dried up. The only problem is we have about a month to make our money before a market correction. My speculation indicator triggered yesterday and again today with the recent price action in KTEL and LEAP and the internet sector. This indicator predicted market tops within a month. In early MAY of 1996 Comparator Systems IDID skyrocketed from .06 to 2.25 in two days and the market correction took hold in late May of that year. Last year Safe-T Lock LOCK went from .50 to 5.00 in two days in Sept of 1997 and the correction took hold in October. Although the percentage gains in LEAP and KTEL are not in the 1000%+ range. We are getting more of them LEAP 500% and KTEL 350 % in a few trading sessions. It is true that we will get a bunch of Roth IRA cash into the market soon and will probably take a few weeks for it to get invested then we are on track for another correction. Unfortunately, LEIX will probably be sold off too affording another buying opportunity. I think LEIX is the way to play the GPS sector even though it lacks the street visibility of a Trimble Navigation TRMB.
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