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

To: Robert T. Quasius who wrote (64)	12/23/1997 9:51:00 PM
From: Step1	Respond to of 191

When is the Q1 report due? I think the news was essentially good, although a lot of people realize that WAAS sales are not forever, at least in the USA. When I talked with Novatel they told me that the entire WAAS system would require about 50 stations each with 3 receivers . So 7+9+77+7 is 100. Another 50 to go? At the same time you have the effects of the Asian crisis, the CDN dollar pluging (makes it less attractive to own Canadian companies since your capital gains can be erased or diminished through currency loss for Americans especially) and tax loss selling so perhaps that was the reason why the order was greeted with -7/16. Just my opinion sg

To: Robert T. Quasius who wrote (64)	12/23/1997 10:06:00 PM
From: Step1	Read Replies (1) \| Respond to of 191

Here is another reason for the price drop... from the Trimble thread >>> I had a chance to see the Trimble 4800 two weeks ago at the AGU meeting. Very impressive. The pole is made with carbon fiber, which gives the unit a sturdy, but lightweight feel. No extra wires or backpack - simplicity. The sales rep. said that the market reaction has been good, making this one of the best product introductions yet. He said that the 4800 had just started shipping, with about 400 on order. <<<