Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David who wrote (2695)	8/20/1998 11:25:00 AM
From: SKIP PAUL	Read Replies (1) \| Respond to of 3506

Although I am frustrated with the performance of the stock I am also saddened by the news. After all Charlie did bring this company from 0 to 300 million in sales in a relatively short period of time and that without taking any undue risk. The company is in a strong competitive position and in good financial health. I hope Charlie will continue on the board. As a result of this the chances of an acquisition have increased considerably.

To: David who wrote (2695)	8/20/1998 11:32:00 AM
From: arun gera	Respond to of 3506

Trimble - A takeover target?? Some indicators that this time Trimble Navigation is really is a takeover target: - Charlie Trimble, who was probably most reluctant to sell the company, has been asked to leave. - The company announced a stock buyback - 1 million shares which is a fairly large number. - The stock buyback was announced soon after the analyst conference call where Trimble management indicated that it had No Plans to buy back company stock. - Some analysts attacked Charlie quite openly in the last analyst conference call. And their were far more analysts at the conference than typical conferences. Were they supporting somebody's agenda? Other Possibilities (fictitious) Charlie Trimble was not happy with being attacked regarding his style of running Trimble Navigation. Charlie quits to maybe start another company. Charlie plans to cash out his stock/options. Board scrambles to avoid stock dilution. One million shares is in the ballpark of what Trimble could have sold. Arun