cautious

Garmin Hits New Lows, Despite Booming GPS Biz

Check out Garmin’s web-site to see how they’re selling pure software for Blackberries, Nokia and now Samsung. Garmin also has a growing fleet management line of products to assist businesses. Nuviphone, dedicated PNDs, Avionics, Marine, hiking/fishing, pet monitoring, real time traffic and weather, collaborations with Google, etc. - the diversity of their product offerings is amazing. They are poised to make big money off those who want dedicated PNDs AND those who want smart/cell phone GPS. Buy the stock now while the media herd universally adopts the Jim Cramer universal gadget theory of Garmin’s demise. The fools don’t understand Garmin’s business and spend too much time with urban techno yuppies who think nothing of plunking down $800 every year on the latest unigadget. The rest of us prefer more cost effective technology solutions that are user friendly and tailored to our needs.