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Technology Stocks : Trimble Navigation -- Ignore unavailable to you. Want to Upgrade?

To: arun gera who wrote (1819)	11/7/1997 4:43:00 PM
From: Daniel Johnson	Respond to of 3506

I thought Trimble had some kind of an interest in Etak, like they do in Pro Shot Golf.

To: arun gera who wrote (1819)	11/7/1997 5:06:00 PM
From: David	Read Replies (1) \| Respond to of 3506

Arun, I'm right, but it goes back to 1991 . . . This is a quote from Autoweek of July 22, 1991: "Two Silicon Valley firms have combined products in a 'smart' map system. Trimble Navigation's Global Positioning System locates vehicles precisely by latitude and longitude. Now, it will be overlayed with Etak Navigation's digital street and highway maps. Designed primarily for fleet vehicle operators, the system allows drivers or dispatchers to locate vehicles on a street grid displayed on a video screen." I'm sure your knowledge of the modern market is better than mine. Rockwell and Sony are reducing their presence in the US car nav market this year. Trimble is increasing its presence in the aftermarket and working across the board to get into Europe, Japan, and the US as an OEM. Good trend. By the way, Philips has controlling interest in Navigation Technologies, and there are indications in the press that they are losing money on it (still development stage) and may want to sell -- in fact, another Japanese firm recently bought into NavTech. I don't think Trimble has any financial interest in Etak.