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


To: SKIP PAUL who wrote (2602)7/15/1998 12:35:00 PM
From: David  Read Replies (1) | Respond to of 3506
 
Skip,

I agree that TRMB should have a higher price in the market. However, I think it is being punished, and not inappropriately, for the latest earnings disappointment. By this stage of the game, Trimble should be able to show some earnings consistency, but it isn't.

I think the company is great for the long term, but it is frustrating in the meantime. I can't help but think that more attentive financial management would have had this stock firmly towards $30 by now. It is definitely in buy range now, but I think it is going to stay there, unfortunately, for the immediate future. So I think the time to buy will be in a month or two at the earliest; meanwhile, there could be dips in price from here.