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Garmin Hits New Lows, Despite Booming GPS Biz

Since when does 3 sentences constitute an article? Seems in the blogosphere there is more emphasis on linking to others than providing real content. Comment about analysts who compare Trimble and Garmin is spot on. Anyone who knows anything about this space knows these two companies have completely different focus markets. For chipmakers who end up being commodities eventually, like SiRF, the party may be over, however for the pnd makers like GRMN, I think there is a lot of room for growth with new features and applications driving sales down the road. You certainly have to like the balance sheet of this market leader.