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Technology Stocks : NovAtel - Global Positioning Systems

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To: Robert T. Quasius who wrote ()8/30/1997 6:29:00 PM
From: Wallace Rivers   of 191
 
On my radar screen. Doing some DD this weekend. Funny because my brother mentioned their products this past week, (said nothing about Trimble) - raved about 'em. Then I walk into my broker's office, and I see NGPSF on his screen, andd he tells me "Novatel". So I became interested. He has only bought a small amount of it, but a broker friend with Prudential is big on the stock...and the stock looks cheap (projected growth 33% plus and a pe on this years earnings of 14 (used 60 cents as estimate. Good luck.
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