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

To: Daniel Johnson who wrote (2526)	6/16/1998 2:21:00 PM
From: Kenneth V. McNutt	Respond to of 3506

TO ALL Received latest investors package in the mail this pm. 1st. qt. revs up 27% $76 mill from $60 mill. Net up 34% $1.915 mill (0.08eps) from $1.429 mill (0.06eps). Mfg. costs remain due to overtime, expediting fees for materials, and outsourcing. Expending funds over next nine months to increase mfg. cap by 35%. to meet increases demand for products. Net per share 0.08 diluted on 23,620 mill shares. This as of 4/3/98 Gross margins, though held back by high operating costs, expanded to 49.6% from 48.4%. K

To: Daniel Johnson who wrote (2526)	6/21/1998 1:28:00 PM
From: Daniel Johnson	Read Replies (2) \| Respond to of 3506

Newspage article says that Etac is getting out of turn-by-turn navigation market. From Newspage: "Claiming it is getting completely out of the U.S. turn-by-turn navigation market, Menlo Park, Calif.-based Etak Inc. recently said it would cut 170 employees-about 40 percent of its workforce." "Although it is a very expensive and time-consuming process, Rosemont, Ill.-based Navigation Technologies plans to stay in the U.S. turn-by-turn navigation market."