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Technology Stocks : NovAtel - Global Positioning Systems

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To: Bron-y-aur who wrote (157)5/18/1998 12:25:00 PM
From: Bron-y-aur  Read Replies (1) of 191
 
MARCONI!!!!

where are you?? your investment in novatel is now worth less than HALF of what you paid for it. how low can we go. today down again in the mid to high $4's. say something soon!!!!!!!!!

theory 1
shareholders that bought in on the spec of a takeover at a price higher than the $10.90 have been dumping. thinly traded stock with majority of float not trading (58%) sees price pushed down on lack of news from novatel and marconi.

theory2
something is rotten in the state of denmark. the company is positioned in a growing market, but is there something wrong with product/technology???

would lean toward theory 1 assuming marconi did a due diligence on company and its products and wouldnt have invested if it was a dud

imho
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