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Technology Stocks : LEIX Lowrance Electronics a GPS Sleeper? -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (16)2/24/1998 9:00:00 PM
From: Leo Francis  Read Replies (1) | Respond to of 186
 
SB, my money is on LEIX profiting from their core businesses, as revenue increases, combined with margin improvement and cost controls take hold in 1998. These core products do not include GPS/Comm products at this time, for my "profit horizon".

For me, the formula, and discipline is simple for LEIX. Buy now. Sell if they fail to produce a profitable Q. I think LEIX will start stringing together some profitable Q's, and the stock will climb.

What's also "nice" about LEIX imo, is that it isn't really "connected" to the broader markets, which could be in for a "correction" soon.

Good Trading, LF