Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (21768)	1/11/1999 9:36:00 PM
From: wiz	Read Replies (1) of 120523

Jenna I'm following an electronics company(LEIX) that has started what I hope is a real breakout, from recent trading around book value. They have moved manufacturing to Mexico and should realize benefits of that move as soon as this quarter. Gross margins and profits are up. They have a new GPS product that should compete well in the low end market..wal mart made an order of 4000 units recently. The CEO promises profitability in 99. In fact with current cost savings in place they could make a good profit if they did the same revs as last year..91 million. Todays volume was 5 times average and the price touched 7 1/2 before settling back to 6 1/16. they also have a line of aviation GPS products I have not had a chance to research yet. My calls to Mark Wilmoth at the company have been positive, they seem to be making allot of "right" moves. Mark

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