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

To: Leo Francis who wrote (73)	4/17/1998 7:25:00 PM
From: Leo Francis	Read Replies (1) \| Respond to of 186

Correction: Margins, although obviously vital, are not the critical factor with LEIX currently IMO. It is expense level management. Please also keep in mind, that LEIX does not "directly" compete with most of TRMB's products. I agree with your analysis regarding the sales growth of the GPS markets. I was pleasantly surprised to see TRMB sales increase that much. BTW, I'll take a 26.5% increase in revenue, with a 2% margin loss, resulting in a 33% increase in profits any day!-g- Good Trading, LF BTW, LEIX's new database of aviation's Jeppessen's WITH obstructions, cannot even be found on more expensive models from Garmin, Apollo, Trimble, Magellan, and others.