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Technology Stocks : Trimble Navigation
TRMB 79.28-1.5%12:27 PM EST
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To: ManyMoose who wrote (2745)9/4/1998 10:05:00 AM
From: SKIP PAUL  Read Replies (2) of 3506
 
It's a bit baffling to me -- R&D is often cited as one of the underpinnings of an outstanding company

Yes Indeed it is. But Wall Street wants to see a bottom line. Trimble's strategy would work perfectly if it were a private company. getting uncle Sam to fund it's R&D. But as a public company The R&D bit may have been overdone.
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