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.
Strategies & Market Trends : Three Amigos Stock Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken W who wrote (9631)10/18/1998 4:33:00 PM
From: Sergio H  Read Replies (1) of 29382
 
<TRMB - A short suggestion>

Ken, A word of caution on shorting TRMB. TRMB is the premier player in the GPS arena, a market that has just begun to be tapped. I think that the bad news is already stale and the stock won't be going down any further unless the Co. can create some fresh bad news.

In August, Trimble's founder and CEO stepped down as CEO. That certainly was a red flag alerting investors that something was wrong.
A new CEO has not been named yet. Earnings were pre-announced last week, so not much of a surprise can be anticipated. Restructuring is needed and should be welcomed when it is announced, probably along with a new CEO. Earnings release has been pushed back a week to 10/28.

Sergio
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext