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Gold/Mining/Energy : PN - Pelorus Navigation partner with Honeywell
PN 0.724-2.2%Dec 31 3:59 PM EST

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To: Wayne Grennan who wrote (104)2/24/2000 12:49:00 AM
From: Step1  Read Replies (1) of 115
 
Volume precedes price, is all I can say. For PN , we have had decent vol days going back about a month. Sort of irregular but still, trending. Hold you shares tight and let the bidders show you how high they are willing to pay for them...

I was reading Aviation week or it might have been Flight International the other day and the FAA`s vision for the transportation of the 21st century outlined the upgrading of regional airports for point to point travel (as opposed to hubbing) and also the development of small "carplanes" (my word, not verbatim) and the need to use smaller regional airports to alleviate traffic problems at bigger airport. I could look up the figures , but from memory, I think they said that although 70 % of travellers go outside of a hub as a final destination, 92 % pass through a hub on their way to their final, which creates huge congestion problems. This is looking far into the future but I think the trend will be to equip smaller airport with all weather capabilities so that smaller , much more effiecient (jet) airplanes can link point to point. The tech needed for those airports and the price sensitivity makes PN`s solution a very good fit .

I don`t think this is having any effect on PN`s stock price (the article per se) but essentially the trend is there and PN is ready to start play ...

Good luck

stephan
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