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Technology Stocks : NovAtel - Global Positioning Systems
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To: swrdfsh who wrote (178)7/22/1998 12:07:00 PM
From: Philip Benson   of 191
 
Sam et al:

I have been led to believe that Q2 numbers will show sequential improvement over Q1 and that the back half of the year will make up a lot of the lost ground of the first few months. Apparently bookings are picking up strength and there are other "positive developments" forthcoming. I can only surmise that these would be significant new orders and/or further strategic alliances.

Vis a vis the US/Cdn $ situation... I see this as a positive as they sell in US $ but a lot of their SG&A overhead is CDN $.

FWIW
Philip
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