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: Leo Francis who wrote (161)	3/18/1999 9:45:00 AM
From: wiz	Read Replies (1) of 186

Leo ORB moving up nicely. They should, they just made a nice addition, at a good price. Do you have any idea what made ORB drop so far so fast in the first place? LEIX lost 15 cents...glad there is a deal!!-g- Revs os 17 million?? And... what do you make of this...Based on Orbital's Wednesday, March 17, 1999, closing price, Lowrance shareholders would receive approximately $27.5 million in value, or approximately $7.30 per share of Lowrance common stock. The transaction is expected to close later this year and will be accounted for using the purchase method of accounting. Lowrance Mark

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