wixeywaxy

Garmin: Poised to Stay on Top

Some of the comment in response strikes me as shallow. Garmin may have problems with the competition and margins will probably shrink but the company has a broad range of GPS products aimed at a variety of users, sports, marine, and aviation. The brand has been established and will continue to deliver revenues that can conservatively provide a good income stream. The stock is currently priced at a floor that assures a comfortable level of risk and the history of the company's quality product offerings suggest that the future may be one of continuing but more modest growth. wixeywaxy

Kiss of Death: CIBC's Garmin Call

No conscious about misleading small investors may get you a few bucks in the pocket, but it will send you to the hot place in the end. I'm not so sure that even given some stock market profits you'll do so well here and now. There is a price to be paid for hurting others by dishonesty. WW

Garmin Will Recover When Tele Atlas Deal Is Done

First I'm long also and will continue holding. Garmin is a good company with excellent management and organizational culture. That said I don't agree with your scenario. The pristine balance sheet Garmin possessed is gone and the growth and margins previously enjoyed are unsustainable with the consolidated organization, therefore we will see an adjustment in the price paid for earnings. The PE will do well to hold around 25 and given the expected $3.40 for 2007 there is likely so additional downside to expect. WW