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Technology Stocks : Trimble Navigation

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Dec 30 3:59 PM EST

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To: David who wrote (2452)	4/21/1998 5:27:00 PM
From: arun gera	Read Replies (1) of 3506

Orbital Sciences Quarterly Report (Excerpt) >>The company's satellite access products sector, including mobile satellite navigation, positioning and communications products and transportation management systems, generated revenues of $29,754,000 for the quarter, an increase of 90% over the 1997 comparable quarter. This sector reported a net loss in the first quarter of 1998 of $769,000 as compared to net income of $718,000 in the 1997 first quarter. > That means the combined GPS sales of Magellan and Ashtech were no more than $30 M for the quarter. Remember that Trimble added about $15 M over the last year's quarter. Not bad going in an otherwise stagnant market.

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