Garmin GRMN Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Garmin GRMN

GRMN 205.53

-2.4%

Nov 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tech101 who wrote (20)	11/3/2005 10:10:05 AM
From: tech101	of 99

Many people including investors are afraid of competitions from Tomtom and the low cost Asian producers. However, these people fail to realize that GPS is not like TV set, PC/Notebook, camera, bicycle, and many other consumer products. GPS is a location related service, like mobile phone service to certain extend. That’s why all these foreign operators like TomTom, Magellan, Navman are losing to Garmin even though they have been in existence for many years. The States are the largest GPS market in the World with the best potential and plenty room for future growth. And it is more difficult for the foreign companies to take market share from Garmin in the States than Garmin to take market share in Europe. Garmin does research and new products completely in house, and they have full access to the low cost manufacturing in Taiwan and China. Garmin will maintain its domination to the American market and will continue for a long time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next