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


To: wiz who wrote (170)3/28/1999 5:28:00 PM
From: Leo Francis  Read Replies (2) | Respond to of 186
 
Holding. I will probably take and hold the ORB shares as well. ORB really got a bargain. Magellan (and Lowrance) and Garmin will own the consumer GPS market, as well as some commercial opportunities. I think TRMB may have to merge to keep itself growing.

Garmin really has some nice general aviation products which they recently introduced.

I remain disappointed, although I am fortunate I took advantage of the the $2-$3 range LEIX traded in. I averaged about a 2.75 bagger, and really thought I was looking at a 4-6 bagger from my original buy in! Sometimes it does pay to cost average down.-g-

Good Trading, I hope all is well. LF