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Technology Stocks : Trimble Navigation
TRMB 67.88+0.4%3:59 PM EST

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To: David who wrote (1825)11/8/1997 10:24:00 PM
From: arun gera  Read Replies (1) of 3506
 
WAAS and Novatel,

Novatel happened to be in the right team that bid on the WAAS contract. It is not necessary that their team will win all other WAAS contracts. Anyway, the WAAS contracts seem big because Novatel has only $15-20 M revenue overall. I view the Canadian Marconi alliance as a good step. Candian Marconi was supplying Honeywell the GPS sensors for the FANS (CNS/ATM) system for Boeing aircraft.

Arun

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