SI
SI
discoversearch

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 : NVT - Source of GPS Software, Data, and Maps
NVT 109.58-2.5%Nov 4 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: tech1015/1/2007 3:15:18 PM
   of 211
 
messages.finance.yahoo.com

Re: SO WHAT DO YOU BUNCH OF REDNECKS THINK? (1 Rating) 1-May-07 01:51 pm I think this is going to be a strong quarter for Navteq for the following reasons:

1) PND Growth Surging: Commentary from Garmin and TomTom looks encouraging, and even though Garmin showed some weakness, the most important fact is that we're seeing better-than-expected growth in PNDs.

2) Auto environment improving: This quarter, Navteq won new business from Volkwagen and Peugeot. Luxury European auto sales saw smaller seasonal sequential unit declines
relative to last year.

3) Competition Weakening Further, Less Pricing Pressure: With the decision by BMW and Mercedes Benz to dual source their IVN platforms, Teleatlas has reduced incentive to use pricing as a means to win business.

4) Increased Adoption in N. American: Navteq has easy year-over-year comps with North American navigation adoption rates. Commentary from some analysts suggests that adoption grew 66%, compared to 15% last year.

5) Favorable Currency Environment: NVT benefits from a weaker dollar and this should be additive both year-over-year and quarter over quarter.

Sentiment : Strong Buy (posted by ebitdammit on Yahoo Message board)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News