SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LEIX Lowrance Electronics a GPS Sleeper?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FIFO_kid2 who wrote (72)4/17/1998 6:47:00 PM
From: Leo Francis  Read Replies (1) of 186
 
Margins, although obviously vital, are not the critical factor with LEIX currently IMO. It is expense management level management. Please also keep in mind, that LEIX does not "directly" compete with most of TRMB's products.

I agree with your analysis regarding the sales growth of the GPS markets. I was pleasantly surprised to see TRMB sales increase that much. BTW, I'll take a 26.5% increase in revenue, with a 2% margin loss, resulting in a 33% increase in profits any day!-g-

Good Trading, LF

BTW, LEIX's new database of aviation's Jeppessen's WITH obstructions, cannot even be found on more expensive models from Garmin, Apollo, Trimble, Magellan, and others.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext