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Technology Stocks : NVT - Source of GPS Software, Data, and Maps
NVT 110.57-1.7%2:37 PM EST

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To: EdR who wrote (7)2/9/2006 9:32:22 AM
From: tech101  Read Replies (1) of 211
 
Fifty eight percent of NVT's revenue comes from Europe. The strong dollar has had adverse effect on NVT revenue and earning.

If the Euro vs dollar had kept about 1.3:1, NVT's revenue would be at least $10 million higher. And the 2006 projection, assuming 1.20 Euro, is remarkably higher than estimation.

That's why people are so bullish.

How long does it take for the stock to recover to the price last October of 53.7?
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