LEIX Lowrance Electronics a GPS Sleeper? Message Board

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Technology Stocks : LEIX Lowrance Electronics a GPS Sleeper?

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To: wiz who wrote (129)	1/7/1999 10:41:00 AM
From: Barry Dryer	Read Replies (2) of 186

Mark, you wrote: <<What's wrong with this picture? Half my investment is at a %70 gain, the other at %50, and we are the only two people talking. If we get those couple profitable quarters we should also get that 3 or 4 bagger you started the thread talking about!>> Not all of us have the low entry point that you have. Maybe that explains why the thread is so quiet. When Leo opened the thread in February '98 his projection translated to ~$25/share within 12 months. Currently, we are nearing that time horizon, but are further from the target than where we started. My average cost, for example, is $6.50/share with initial purchase in February '98 and subsequently averaged down. I am a patient long-term investor and plan to hold onto LEIX for a payoff somewhere down the road, but please keep in mind that others aren't looking at this holding from your same cost perspective. Barry

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