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


To: Leo Francis who wrote (161)3/18/1999 9:45:00 AM
From: wiz  Read Replies (1) | Respond to of 186
 
Leo

ORB moving up nicely. They should, they just made a nice addition, at a good price. Do you have any idea what made ORB drop so far so fast in the first place?

LEIX lost 15 cents...glad there is a deal!!-g- Revs os 17 million??

And... what do you make of this...Based on Orbital's Wednesday, March 17, 1999, closing price, Lowrance shareholders would receive approximately $27.5 million in value, or approximately $7.30 per share of Lowrance common stock. The transaction is expected to close later this year and will be accounted for using the purchase method of accounting.

Lowrance

Mark



To: Leo Francis who wrote (161)3/27/1999 9:42:00 AM
From: wiz  Read Replies (1) | Respond to of 186
 
Leo

How's it going Leo. I'm finally getting a chance to look at ORB, and it looks pretty good to me. Especially from the standpoint that it only needs to stay above $22 to serve me well.-g- Earnings for next quarter should be better and they should benefit from LEIX aquisition.

I'm planning on holding. What are thinking with your remaining shares?


Mark