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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dennis 3 who wrote (48456)	6/27/2012 2:18:03 AM
From: Jurgis Bekepuris	Respond to of 78732

TNAV - getting close to being a still-profitable net net. 200M cash/short term investments, 247M market cap. On the other hand, market obviously believes total business destruction for TNAV, so perhaps we should wait until it trades below net cash? My concern is that I don't know a good way out for the company except of someone acquiring them. I am not sure why their service is needed when most smartphone platforms (Windows Phone, Android (mostly), Apple (as announced)) provide integrated navigation/LBS systems. AT&T and Sprint probably tried to make extra bucks on reselling/adding TNAV service to data plans/etc., but it's not clear this will be attractive very much in the future. What they gonna do then? It's not as if they have other revenue sources or great plans for something (AFAIK). Probably skip for me now.