I remember when they said the same about Apple. 10,000.00 USD of Apple bought in 2002 would be worth what today? I understand your concern about Garmin. The real problem is Garmin just buys out lines made by other companies and then outsource to China to build. When they start manafacturing locally and start the real integration i think GRMN will take off. They make the best ADS-B packages for GA and Micro jets. Plus their GPS tracking systems are starting to take hold. I believe Garmin still has to fall to 7 or 8 but in the long run it could end up being another apple. Heck if they do fall to 7 or 8 they could buy themselves out. They hold 1 billion in cash with zero debt.
Barron's Big Money Poll: Bullish, But with Little Conviction [View article]
I do hope the market jumps next week. That means gold goes down and i can accumulate more. However if gold rises with the market BEWARE!!! That means there is little belief in the market.
Tech Won't Lead Markets Out of Bearish Pattern [View article]
I have to agree and disagree here. I believe aapl at 50 before i see it at 150. It's not that it isn't a great product, it's the fundamentals. This is no longer a buy and hold market. Shorts far outweigh longs. So it will short down to probably 50. As far as tech leading the way, Solar and wind are just getting started. Nuclear with the new pebble reactors. Changing from oil to Nat Gas plus the home filling stations. Explosive growth of broadband and sat nav plus, well, tech will explode after 2010 and in a good way.
HP Grows Stronger and More Profitable - Barron's
[View article]
I hated when it bought compaq, i am/was a compaq fan. That buyout really put them up to compete with IBM in the midsize and with their new Edge servers, they're going to move up quickly. I hate HP eating up compaq but i admit, they are a great company.
AT&T, Apple Can't Win Fight Against VoIP [View article]
FCC Takes On Apple and AT&T over Google Voice Rejection [View article]
A Short Trip for Garmin? [View article]
Barron's Big Money Poll: Bullish, But with Little Conviction [View article]
Tech Won't Lead Markets Out of Bearish Pattern [View article]
As far as tech leading the way, Solar and wind are just getting started. Nuclear with the new pebble reactors. Changing from oil to Nat Gas plus the home filling stations. Explosive growth of broadband and sat nav plus, well, tech will explode after 2010 and in a good way.
HP Grows Stronger and More Profitable - Barron's [View article]