Top 49%

EitanShay

Buying GRMN

Started Apr 02 at 4:10 ET (By EitanShay)

Symbols: GRMN

http://paul.ked​rosky.com/archive​s/2008/03/31/gar​min_touching.html

3 Comments

Top 1%

guliamo

guliamo

Apr 03 at 1:29 ET

I'm contemplating a similar move but the link you've posted is actually a SELL recommendation... ?

Top 4%

Walter

Walter

Apr 04 at 5:15 ET

I'm still in GRMN. didn't anticipate the 20 % crash over last couple of months - I believe at the current price they are a pretty good bet.

Top 1%

blacktuna

blacktuna

Apr 05 at 6:34 ET

If anyone has been beaten up it's this retailer and I too, can't see any reason why... still, I'm wondering why I should fight sentiment over this.. I don't know enough about competition but it sound fair to me, that Nokia are about to make a huge move into the Car GPS business.. this will bring a pricing war and must affect the balance sheet..
If I'm going to fight an uphill battle for a company, I need more future promise down the line.
Let's not forget that Garmin maps are provided by Navtech - a recent 7 billion $ acquisition of... Nokia

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