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Technology Stocks : NovAtel - Global Positioning Systems -- Ignore unavailable to you. Want to Upgrade?

To: Orwell who wrote (41)	10/25/1997 3:22:00 PM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 191

Check out another news release about an alliance. I think that this alliance could eventually lead to NovAtel being bought out by Canadian Marconi. What does everyone think of the alliance? biz.yahoo.com

To: Orwell who wrote (41)	10/25/1997 4:11:00 PM
From: David Rubin	Read Replies (1) \| Respond to of 191

I tend to agree but dumb luck has Novatel announcing earnings at a time when the market is flaky. I think a penny over estimates constitutes a good report. Next quarter should see much improvement since WAAS receivers are being shipped and the CEO indicated that Nikon orders would be picking up. I guess we may have to be patient with this one, but I think there is potential for at least a doubling in price within a year.