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Technology Stocks : NovAtel - Global Positioning Systems
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To: Bron-y-aur who wrote (164)5/18/1998 9:15:00 PM
From: Step1  Read Replies (1) of 191
 
Thank you for the analysis, your numbers seem credible,
Assuming that stocks almost always over react to bad (and good) news, I will continue to watch this one and hopefully pick it up for less than 2.63 in a few months time... GPS has a lot of growth ahead of itself, obviously will be and is very competitive, and so far Novatel is only a minor player in the field. GPS Nav facing many hurdles (political ones) and since this was a major part of revenues (from the WAAS contract) things have looked better for Novatel.
IMHO

Sg
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