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

To: Getcher who wrote (2382)	3/28/1998 1:36:00 PM
From: david g.	Read Replies (2) \| Respond to of 3506

I am a trimble follower and have been a long term and appreciative lurker on the board. I do technical analysis on trimble. I am concerned at this point about the deterioration in price and I anticipate some lackluster news fromt the company given the recent stock swoon. Barbara would give one to believe that great things are coming which I inferred from her when the stock price was sitting at support and the 200 day line just above 19. With this breakdown to 17-18--the scenario has changed. Volume has dried up and no signs of accumulation. As arun suggests, turning around may take time.. Technically we are more likely to see low teens before low twenties and a retest of 11-12 is not at all out of the question. That being said there is very good long term support at 16 and 16.5 so the slide may very well stop there. Trmb has been consistent in following two cycles--from low volatility to high and from low ranges to broader. We are now in a low volatility and low range cycle and soon (within the next month) we will see greater volatility and greater range--no doubt around earnings reports--yes, I know, that doesn't tell you about direction but until a price behaves differently the intermediate trend is down. I like trimble and want it to go up but I want to report the picture as it is at the time. best, david g.

To: Getcher who wrote (2382)	3/28/1998 2:00:00 PM
From: arun gera	Read Replies (1) \| Respond to of 3506

David G. "They do a poor job profiting from their advantageous position in GPS." Not true. They have profits but they put those profits back into the business, mainly technology development. What is missing is the daring to go all out for it, say like Amazon.com, which took a simple idea and blew it up into a huge business. This approach may be characteristic of the owner of Amazon.com, who was formerly a Wall Street Trader and knows a lot about making big bets. Maybe, Trimble is waiting for the right opportunity. But, I think it is more to the risk-managemnt personality of the top management. >>In another post I contemplated what a merger with a large outfit, who understands how to produce and market their technology, would bring to the table.>> I am not sure that may help. Big guys like Sony, Phillips, and Motorola are not making much from the GPS business. They are probably putting in more money than the revenues. Onstar must have spent more money on advertizing alone than the revenue it produced last year. Arun