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


To: Leo Francis who wrote (44)3/7/1998 5:01:00 PM
From: FIFO_kid2  Read Replies (1) | Respond to of 186
 
Leo the only thing that concerned me with LEIX is the drop off in backlog in the last quarter when compared to the same quarter in the prior year. That usually does not bode well for future sales. I would like your comments on that point. However, the chart looks good but there is little volume and the typical bid/ask spread is highway robbery. You do have the makings of a huge winner because there is a really thin float and if there happens to be a catalyst that makes it necessary to own this stock it probably will take off to the moon. As you know Kennedy Capital Management owns 275,900 as of 12-31-97 at a lower price. I have been following their leads with good success.