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Technology Stocks : Trimble Navigation
TRMB 80.61+0.2%9:52 AM EST
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To: arun gera who wrote (2651)7/30/1998 7:19:00 PM
From: Bill Day  Read Replies (2) of 3506
 
Arun and Yin, It seems like you have a good understanding of some of the GPS products that many of us aren't exposed to. I've always had a feeling that while some other product lines have been discussed more, aviation/defense and agriculture/construction might have more long term potential because there is more money in these fields to start with. Am I wrong to be suspicious of low margin car units not really contributing a lot to the bottom line, at least for a while? As a surveyor, I think GPS is great, but I've never thought my fellow surveyors can really propel earnings and thus stock prices high enough to excite me. Construction companies, mining companies, farmers, and government agencies (GIS) have got more money to spend, and I would think the amount spent on aviation and defense should have the most potential. With the aviation division having problems, do you guys think I'm correct in having higher long term hopes for that end of the GPS business?

Thanks

Bill Day
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