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Pilot_151
9 Comments
Garmin: Navigating to Nowhere [view article]
Glad to see so many Pro Garmin investors out there. I've fighting with the idiots from seeking Alpha for months. They always look at the Auto GPS market and make their worthless comments.I had a Garmin in my plane before I sold the plane and will on my next one. I have Garmin on my boat. I have the Garmin software on my PDA (which by the way is another market the these idiots forget about).
Don't be too surprised to see Garmin come out with a Map division of their own. The management of this company thinks in terms of the future and quality, a concept that these idiots can't grasp.
I used to get angry about how Seeking Alpha somehow got in the news section of Yahoo, but now I have fun writing about how stupid these people really are. SO THANKS FOR DRIVING THE STOCK DOWN SO I CAN BUY MORE AND PROVIDING ME ENTERTAINMENT. Sep 14 08:26 PM
Boeing Strike Seems More Like Corporate Terrorism [view article]
Not that I need to dignify the comments of Osprey861222, but I'm not an airline pilot. That's my handle because I'm a private pilot. I haven't had a raise in 5 years, but I'm not whinning. I took my own advise and I created my own job and I don't have someone telling me when I can't work any more. I pay my own Health Insurance out of my own pocket and I put 20% of my pay in a Sep IRA per year. I quit corporate America back in 1997, so who is the DA now????As far as the other comment about the future, I do agree with you. But in my humble opinion, part of the issue with outsourcing to other countries is partly do to the fact that the unions have such a strangle hold on them and that is one way to solve that issue. It is a double edge sword that needs to be broken. But holding a company hostage only gets you short term closure but doesn't solve the long term problem.
Another point is if the union has 140 million dollars to support it's people for a long term walk out, think how much more money you would have in your pocket if they didn't have to use these this type of terrorism. Sep 12 08:21 AM
Boeing Strike Seems More Like Corporate Terrorism [view article]
Are we done whinning Yet?I couldn't agree more that Management Salaries are completely out of line, but that is not the issue here. Yes I have walked in your shoes so don't tell me that I'm not in touch. But at the end of the day the offer is a good one and the workers should be happy with a 11% increase whereas most of the world is looking at 3 and 4 % most of the time. And a signing bonus? That would be great to have as well in a time of financial uncertainty.
I can't believe that I'm actually agreeing with someone from Seeking Alpha, but unions for the most part are corporate terrorist. If a worker doesn't like the offer then quit, but instead you get the high paid Union bosses that are living like ORCL's Ellison to do your PUSSY WHIPPING. Stand up like a man/woman and make a stand. Union leaders should be taken out and shot like the dogs that they are. I don't like anyone telling me that I have to stay home without pay while they collect their pay. What is wrong with that picture? And don't tell me the conditions at Boeing as a sweat shop, I've been there. 22 % of the workers thought this was a good offer and now are wondering whether they have enough money to make the mortgage and put food on the table. I know, why don't they just should up a the feast at the local union bosses house that he is having tonight. Oh, please will someone finally shoot the union bosses and get back to work????
Bottom Line, you don't like the offer, then quit!!!!! Sep 12 07:17 AM
Boeing May Withdraw from $35 Billion Air Force Contract Contest [view article]
The Air Force may have wanted Airbus, but there is the problem. The only reason the Air Force wanted Airbus, is because McCain and company stopped the original deal which was Boeing. So they thought if they went the other direction that it would fly (pardon the pun).Now if anyone has ridden on an Airbus you would know that this plane is not build as well as Boeing. Not sure if I was piloting the tanker I would want to land with a nose wheel that won't be facing forward (Jetblue).
We could go on all day about this. What we really need is to get the Air Force's requirements and then hire an independent firm to do the analysis. Somehow we need to keep the fat lobbyist and the corrupt politicians out of the mix.
. Aug 18 01:05 PM
Why I Prefer TomTom Over Garmin [view article]
And if the PND drops off, what will Tom Tom have? Nothing but a few maps that arenot very good!!!! But Garmin has the Marine and Aviation markets to help carry them along. Almost everyone one of you analyst discounted the depth of this company. You only look at the PND and never at the fact that they are number 1 in Aviation and I'd say number 2 in Marine navigation. Have you ever used a Tom Tom device? Oh yeah maybe you did when you navigated an article like this. And a 21% sell off because they delayed a product from coming to market? Somebody needs to have their head examined. Do I own the stock? Yes just under 100 shares, but my real stock is that I do own garmin in my plane and my boat. Wouldn't have any other product when navigation is critical to my life and safety. Jul 31 07:22 AMBoeing May Get a Second Shot at Large Tanker Contract [view article]
Boeing didn't have a stranglehold, it was simply the best product at that time. If anyone has a stranglehold, it is John McCain. He has been trying to force the business away from Boeing and is now losing his battle. I was very disappointed with his comments that the losers were the taxpayers. We are the winners as we try to keep the 35 billion in our own country.At the end of the day, as a Boeing share holder, I agree with your assessment that Boeing is undervalued and I would set the price at $100. Jun 20 09:41 AM
Is Monsanto Really a Tech Play? [view article]
I have to say, usually I disagree with most of the Seeking Alpha articles. This one however appears to be well thought out and factual. Great Job. Jun 18 03:05 PMOrder Backlogs Are Overrated on Wall Street [view article]
You need to cover another industry as you really don't understand this one. There are soft orders and then there are firm orders. Soft orders are just that and can be cancelled, whereas firm orders can't be cancelled without penalty. Furthermore, with the airline demand for backlog planes, Boeing and Airbus can shift others without even thinking about it. Watch this summer at the airshow and you will see another record year for the manufactures for more efficient models by the same airlines that are cancelling the existing less efficient models. Jun 02 08:16 AMWhere is Garmin Leading Us? [view article]
All of you analyst always miss the big picture on this company. You focus on one element and that is personal GPS for autos. This company is the market leader in General Avonics and Marine GPS which are large cash generaters for this company. Stop focusing on 1 small part and start looking at the big picture Apr 15 07:22 AM