Grmn

Quote from FAST.AM:

Yeah FXI puts - could have made a fortune today -- very very very tricky with that one

those guys that say 'trade what you see' should buy buying more puts today.

we'll see if they are right -- trade what you see, or take a position.
 
Quote from brettdoyle:

Garmin's New Software Turns Smartphones Into GPS Devices
In addition to usual GPS features such as traffic alerts, fuel prices, and audible directions, the Garmin Mobile XT lets users find directions using their contact list or calendar entries.

By Elena Malykhina
InformationWeek
October 3, 2007 03:00 PM


Garmin, a maker of navigation devices and applications, on Wednesday rolled out software that can turn a smartphone into a Garmin GPS device.
Garmin Mobile XT pairs a smartphone's built-in GPS with Garmin's software to create a full-featured navigation device that can take users to any location in the United States, Canada, Puerto Rico, or Europe.

"It's a one-time investment that gives customers full-featured GPS navigation on their smartphone whenever and wherever they need it, including areas outside of wireless network coverage," said Charles Morse, Garmin's director of mobile marketing, in a statement.

The software is different from other mobile phone applications because it comes with preloaded maps and can access content like traffic alerts and fuel prices, according to Garmin. The fuel price feature, for example, displays the station's name, fuel price, type of fuel, and distance to the station.

Garmin Mobile XT comes preloaded on a microSD card that includes Garmin navigation software and launches automatically when the card is inserted into a compatible smartphone. Users can route to a specific street address or choose a hotel, restaurant, gas station, or any other location.

Other features include turn-by-turn audible directions and the ability to see the exact position on a detailed moving map.

A person can use the software to find the location of a contact in their phone's address book or a calendar appointment, which is the benefit of having the software on a smartphone versus using a standalone GPS device.

Garmin Mobile XT doesn't require monthly fees or subscriptions and costs $99.



Great news! Will the market see it that way?
 
I can say there was a lot of volume selling into yesterdays lows..
Massive profit taking - and panic. I understand they have a very high Beta but they own better than 50 percent of the GPS market. The high end market were it counts planes - cars-boats - military etc. This stock will hit new highs before the holidays.

The only kicker.........

As for now the Dow at the lofty levels leaves me wondering..........
 
Quote from FAST.AM:

I can say there was a lot of volume selling into yesterdays lows..
Massive profit taking - and panic. I understand they have a very high Beta but they own better than 50 percent of the GPS market. The high end market were it counts planes - cars-boats - military etc. This stock will hit new highs before the holidays.

The only kicker.........

As for now the Dow at the lofty levels leaves me wondering..........

I think people will be willing to pay a premium for Garmin's double digit growth even if the dow decides to get tipsy...
 
The market dont seem to mind others like
RIMM - APPLE - BIDU.. If there continue to be popular with the market so will GRMN.
But as we all know all of these are subject to hair cuts, nice hair cuts. until I see the company having an issue meeting numbers etc. This rumor nonsense..
 
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