SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Trimble Navigation -- Ignore unavailable to you. Want to Upgrade?


To: arun gera who wrote (2411)4/7/1998 12:36:00 PM
From: David  Respond to of 3506
 
Second GPS signal . . . Industry reaction . . . .

April 6 Satellite news carried the reaction of Trimble, Magellan and Rockwell to the decision by the US to provide a second GPS signal. Magellan's spokesman didn't seem interested in the possibilities, saying that "The second signal will improve the accuracy a little, but not enough to justify the increased cost and loss of battery life," and that existing system accuracy is "good enough" for most users and believes that new users could be discouraged by higher prices for these receivers.

Charles Trimble, on the other hand, was enthusiastic about it. "This is absolutely good news; we are very encouraged. This is a sign of the vitality of GPS." Trimble wasn't concerned about increased cost since he believes that technical advances between now and 2004 will bring prices down from where they would be today for both electronics and batteries. He also liked the decision as making the GPS system overall more robust, with less down time. And he emphasized that this decision was part of a US plan (I'll be he is in on the plan) to stake a claim to bandwidth in the face of the European mobile satellite challenge. "The best defense is a good offense," he said.

Rockwell Collins took a wait and see attitude, saying it may be affordable and could help the AVL market. (Recall that the new accuracy can help tell what lane a driver is in.)

I found it interesting that Orbi with its AVL presence and infrastructure did not jump on this, but Trimble did. Trimble, of course, would love to sell the design reference or receivers for any Orbi AVL system.



To: arun gera who wrote (2411)4/7/1998 12:39:00 PM
From: David  Read Replies (1) | Respond to of 3506
 
Another buyout . . . .

For Marconi to pay what it did, it valued 100% of NovAtel at $84.3 million, on what I looked up as 1997 $18.9 million (4.5 times sales) in sales and $5 million (17 PE) in profits. Is NovAtel too small to make inferences for Trimble's true market value?