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


To: swrdfsh who wrote (127)4/8/1998 7:02:00 PM
From: David Rubin  Read Replies (1) | Respond to of 191
 
Your comments make sense, IF NovAtel is in good financial shape. The jury is still out on that.

The earnings warning is troublesome. It means their non-WAAS revenues are not so great.

It is quite possible that NovAtel will continue to go downhill, Marconi will force a shake-up of upper management, there will be more negative press and the stock will tank.

On the other hand, your prediction could very well play out.

At this point it's a crap shoot. In the short term, I don't see the stock going anywhere. Better to put your money elsewhere and try to squeeze a little more out of this fading bull market.