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


To: Qualopec who wrote (2145)1/26/1998 3:34:00 PM
From: Richard Singer  Read Replies (1) | Respond to of 3506
 
The failure to log these military sales in the last quarter disappointed the street and stopped the stock's advance back then.

Now here we have the sales booked,albeit at lower margins. Trimble has already given warning of the expected penalty to margin. Has anyone knowledge that the need to prioritize the CUGR shipments has pushed higher margin business into next quarter? If so, the sales picture may look worse than it is and this dip is a gift horse.

The only question for me is: Buy more now? Or wait until earnings release.

Richard