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


To: David who wrote (2336)3/14/1998 4:27:00 PM
From: SirAlexx  Read Replies (2) | Respond to of 3506
 
You and the rest of your cheerleading losers can ignore me all you want, but the technical condition of TRMB has deteriorated rapidly while you and your friends attempt to mislead others less knowledgeable by telling them all is well with this stock, when it is more likely that it is headed for a retest of $11.00 per share.

Look at a weekly chart of this and anyone long is in big trouble.
You and your buddies trying to cherry coat it is not helping, it is blatant misrepresentation.

To those that don't know how to use this chart,
change the defaults to 180 days, change daily to weekly, and put in the stochastics and moving averages and change the symbol to TRMB.

what you will see is a stock that is dangerously signalling a collapse in spite of the cheerleaders of this thread.

investorama.com



To: David who wrote (2336)3/14/1998 5:55:00 PM
From: Rubble  Respond to of 3506
 
Here's the reason TRMB declined on Friday:

Federal Filings Newswires

Friday, March 13, 1998

Insiders Sell TRIMBLE NAVIGATION LTD. Stock
FORM 4
ISSUER: TRIMBLE NAVIGATION LTD.
SYMBOL: TRMB
FILER: ESCHENBACH RALPH
TITLE: Officer
SOLD: 02/13/98-02/19/98 11,000 20.50-20.63
OWNERSHIP: 228,927
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ISSUER: TRIMBLE NAVIGATION LTD.
SYMBOL: TRMB
FILER: SORDEN JAMES L
TITLE: Vice President
SOLD: 02/23/98 4,628 20.06

OWNERSHIP: 222,675
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -


06:37

Of course small fractional drops in the holdings of a couple officers is not a very good reason for a sell-off, especially since it was clearly options related, but that's why it happened. Perhaps, TRMB staff should be encouraged to write covered calls, and just roll them up when theyre about to expire, instead of these insignificant sales that sends the stock price lower.
Here's a couple takes on the Siemens deal. One is from the LA Times:

Communications Today

Friday, March 13, 1998

Siemens-Trimble Alliance Focuses On Components For Next-Generation GPS

Trimble Navigation Ltd. will seek to further develop its
global positioning system (GPS) technology through an alliance that
the company has formed with Siemens AG [SMAWY] in which the parties
will develop the next generation of GPS-related silicon components and
software. Terms of the companies' agreement call for Munich-based
Siemens Semiconductors to design, manufacture and market integrated
circuits for GPS applications and for Trimble to license its GPS
software to purchasers of the Siemens-made components. In this way,
customers can take advantage of a "complete, system-level solution,"
Trimble said. The initial product offering will be a GPS chipset
consisting of an RF front-end and baseband correlator with an

integrated Siemens microprocessor.

The alliance is geared toward leveraging business opportunities
in several market segments. For instance, Siemens' standing in the
GSM wireless market sets up opportunities for combining telematics and
wireless communications. In a similar vein, Trimble said that through
their alliance, it will have access to Siemens' exclusive processes
and technologies that have been qualified by the automotive industry.
"Now that the volume of in-vehicle navigation and telematics systems
has begun to materialize in Europe, several of our automotive
customers have expressed a strong interest in purchasing GPS
components based on Trimble technology directly from semiconductor
manufacturers," noted Charlie Trimble, president of the company
bearing his name. (Lea Ann McNabb, Trimble Navigation, 408/481-7808;
Katja Schlendorf, Siemens, +49-89-636-28480.)

Los Angeles Times

Thursday, March 12, 1998

Business; Financial Desk

CALIFORNIA: News and Insight on Business in the Golden State THE STATE /
TECHNOLOGY Trimble, Siemens Team on GPS Devices
Bloomberg News

Trimble Navigation Ltd. said it will partner with Germany's Siemens to boost sales of global positioning system devices, which can be used to track locations worldwide. Sunnyvale-based Trimble said it will work with the semiconductor unit of Siemens to design and manufacture new versions of GPS systems. It did not disclose the terms of the alliance. Siemens will license Trimble's underlying technology and software, install them in its systems, and sell the package through its own sales force, which Trimble will help train.
Ship captains, truck drivers and military units use GPS to pinpoint their locations and relay information to home ports and bases. The Siemens arrangement could speed the development of more advanced products for car drivers as well, a Trimble representative said. Trimble shares rose 31 cents to close at $19.31 on Nasdaq.