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


To: Leo Francis who wrote (113)11/30/1998 1:12:00 PM
From: wiz  Read Replies (1) | Respond to of 186
 
Hi leo

Got ahold of Mark. His expaination of 4th quarter shortfall was pretty much what you said... lower sales due to weather.. ect. He did a fairly good job convincing me that it was industry wide and was temporary. I like the sounds of a few of the new GPS products. We talked about Magellan as pretty much crap, and that market. PR work would definetly be a good place to spend money it looks like.
The WMT sales are according to him are at pretty decent margins. Plus being great stuff for Chase to work with.(my opinion)...

Are you aware of Chases game plan?? I put in an order today at 2 7/8, no go. When are 1rst quarter earnings due? I had Mark send me a recent 10K.
Where do you get the info of issuing new stock to unwind the debt? That 3 mil on the bottom line would make things look alot rosier.

thanks

Mark