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Technology Stocks : LEIX Lowrance Electronics a GPS Sleeper? -- Ignore unavailable to you. Want to Upgrade?


To: wiz who wrote (109)11/28/1998 3:40:00 PM
From: Leo Francis  Respond to of 186
 
Mark, after reading the annual report, I particularly noted phrases like "meaningful and significant" return to profitability in fiscal 1999. I think Chase also is going to orchestrate a PR blitz to get more investors informed about LEIX.

Regarding Walmart's purchase of 4000 GPS units: Walmart does not load up. They turn inventory. If they ordered 4000, they are forecasting at least 24,000 units annually.

Keep the faith. That multi-bagger is coming.

(I also like COOL. My short term target is $60. FYI, I own this this high flying etail stock at $11.) I'm also short WMT at $75.5 and INTC at $115 believe it or not.-g- I was sorry to see NSCP "go", as it has been a very nice income producer as a trading stock for me.
Good Trading, LF

Good job on SIII. I hope you recouped. I have not touched it since that "restatement fiasco".







To: wiz who wrote (109)11/28/1998 3:43:00 PM
From: Leo Francis  Read Replies (1) | Respond to of 186
 
Mark, also, I will add, I think Chase "guided" LEIX to wash 1998, and build 1999. I'll bet the reserves are aggressive.

The above statement is my opinion only and is not based on any non-public information.

Good Trading, LF