NovAtel - Global Positioning Systems Message Board

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Technology Stocks : NovAtel - Global Positioning Systems

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To: JAMES BORECKI who wrote (84)	1/27/1998 11:02:00 PM
From: Step1	Read Replies (1) of 191

I agree that a lot of the action in stocks seem to defy logic... First of all , I don't own Novatel although I wish I had taken the plunge at the end of Dec when it was trading at six something... Then, perhaps some factors that may explain the lack of positive price reaction to their pre release earning announcement: 1- cad dollar is weak 2- crisis in Asia (seems like people are only willing to buy big names with mega volume so they can get out quickly if the wind turns yet one more time...) 3- the one time nature of the WAAS order (discussed with the TRMB people on their thread) 4- You are seeing something nobody else has yet seen and you will be rewarded... Unfortunately because of other commitments I cannot join the longs at this point in time but will continue to report what I find out and monitor the thread. sg PS ICAO (that is not an Internet acronym but rather the International Civil Aviation Organization, headquartered in Montreal) has a magazine and in the latest issue they focus on the coming age of GPS navigation. I will try to get a copy next time I go to work (my second job) and see if it has anything more interesting than government style babble... sg

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