I am a yield palyer so I don't have too much at risk with Garmin. It is still the largest hodlding I have.
I have made very few tech purchases but Garmin was too good to pass up. I bought it because I thought Wall Street analysts were way off the mark in terms of how big the GPS industry is.
I fully expect Garmin's market share will decline as will their margins. I just am hoping that either the market grows faster than they do or a bigger player buys them out.
I am not selling on downgrades or perceived threats. I am certainly not selling on what Larry describes as what hedge fund managers can do on a daily basis. His insight is really helpful when you get scared.
I wish you well. I am really hoping I have the VHS stock instead of the Betamax. I don't know. I do know that if you read this board you will be better informed than the analysts trying to cover this stock on a part time basis.