In light of the March announcement by the US government that civilian
access to more-precise GPS information will be permitted, I am
researching companies which manufacture GPS-related products. (Things
such as hand-held receivers, GPS chipsets, and mapping software.)
Because of the history of GPS, many companies are large, diversified
Defense companies (such as Rockwell) and a change in the economy
and marketing of GPS products will only be a blip on such balance
sheets.
There has been reference to a private company named "Ashtech" which
intends to design and market a GPS chipset for embedding in other
companies' products. Ashtech supposedly will be an IPO later this
year (it may undergo a name change since there already is a publicly
held Ashtech in Ohio which processes ash).
Where might I find information on Ashtech's IPO? I did see a site
called "IPO Data Systems" but they are a fee-based service...
Lonnie.
PS: Trimble is another player but I'm not happy with their
fundamentals. |
