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Technology Stocks : Trimble Navigation -- Ignore unavailable to you. Want to Upgrade?


To: David who wrote (2143)1/26/1998 3:03:00 PM
From: Qualopec  Read Replies (1) | Respond to of 3506
 
Trimble is probably down due to, as you mention, earnings fears. Earnings will in fact be low this quarter. But, you have to remember that they will be low because Trimble had to fill a low-margin military contract, PUSHING ITS HIGH MARGIN PRIVATE CONTRACTS INTO THE NEXT QUARTER!!! I will buy more once I see a bottom to this latests downturn. This is a case of low earnings due to too much demand, not too little. Look for a sharp increase in the next quarterly report after this one.

Good luck,
Justin