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To: SKIP PAUL who wrote (2753)9/19/1998 11:04:00 PM
From: Leo Francis  Respond to of 3506
 
LEIX seems to be eyeing a merger. Is TRMB interested??

Lowrance Retains Chase Securities to Explore
Strategic Alternatives

TULSA, Okla.--(BUSINESS WIRE)--Sept. 14, 1998--Lowrance Electronics Inc.
(Nasdaq:LEIX - news) Monday
announced that it has retained Chase Securities Inc., a subsidiary of Chase Manhattan
Corp., to assist the company in
evaluating and exploring strategic alternatives to maximize shareholder value.

Darrell Lowrance, chairman and chief executive officer, stated, ''The company has
significant opportunities to expand its
leadership position in the recreational sonar market and to enhance its market share in
the rapidly growing global positioning
system (GPS) navigational segment. The board has elected to look carefully at a variety
of alternatives that will best enable the
company to capitalize upon these opportunities.''

Lowrance Electronics designs and manufactures sonar products and orbital satellite
receivers, plotters and mapping systems
using the global positioning system (GPS) under the brand names ''Lowrance,'' ''Eagle''
and ''Sea'' Electronics. These
products are used primarily for sport fishing, hunting, recreational boating and other
outdoor applications as well as in general
aviation.

This news release contains ''forward looking statements'' as allowed in the Securities
Litigation Reform Act of 1995. The
company believes that these statements are based on reasonable assumptions, however,
no assurances can be given that the
projected results will be achieved. Unforeseen factors which are discussed in the
company's Securities and Exchange
Commission filings could have a material adverse effect on the company's performance.



To: SKIP PAUL who wrote (2753)9/25/1998 4:44:00 PM
From: DJ Clancey  Respond to of 3506
 
One positive is that military projects fund research that usually benefits commercial products.