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Technology Stocks : NovAtel - Global Positioning Systems
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To: Orwell who wrote (41)10/25/1997 4:11:00 PM
From: David Rubin  Read Replies (1) of 191
 
I tend to agree but dumb luck has Novatel announcing earnings at a time when the market is flaky.

I think a penny over estimates constitutes a good report. Next quarter should see much improvement since WAAS receivers are being shipped and the CEO indicated that Nikon orders would be picking up.

I guess we may have to be patient with this one, but I think there is potential for at least a doubling in price within a year.
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