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

To: Springer who wrote (2575)	7/10/1998 2:49:00 PM
From: Jamse	Read Replies (1) \| Respond to of 3506

Springer, I know he has a lot more shares than that. He bought 65k in November of "96" and sold around 30k of it in the last 6 months. He probably has a larger base holding also. I believe you when you say he is shrewd. So was Hitler. I don't know the guy personally but I can tell you from a portfolio view that it doesn't look pretty. I'm just frustrated now and really don't know what to do. I think David is right, see what the quarterly report brings and go from there. I don't think the stock will drop much more but dead money is not good. jamse

To: Springer who wrote (2575)	7/10/1998 9:39:00 PM
From: Alan Gallaspy	Read Replies (2) \| Respond to of 3506

In reply to Springer's remarks: BTW, IMO Charlie is not a bad CEO. He's a pretty shrewd guy. . Charlie is a visionary. snip He sees the future of GPS and Trimble and is putting money to make sure that Trimble stays on Top. No doubt that Charlie is a kick-ass engineer, entrepreneur, and visionary. He will insure that GPS technology gets developed into mainstream products, instead of some dinky niche. I have no doubt that he will spend whatever it takes of his and our company's money to bring GPS to fruition. (Investor's note: My negative remarks have been cited as a contrary indicator in the past) Unfortunately, it will be a while, if ever, that we as shareholders will see any decent return. One must trade this stock on the hype and sell before reality of getting an emerging technology off the ground sets in. Arun, Skip, Rubble, and myself discussed Trimble's potential and lack of performance quite a bit a year or so ago. What has changed since then? They still have too high manufacturing costs, can't quite get those big lucrative orders, and still continue to disappoint. Great technology, lousy investment. I was suprised to hear that Arun was trading this stock, I thought he was a die-hard buy and hold for TRMB. At least he has been able to make a few $$ off of this company.