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Garmin Ltd. (GRMN) Message Board

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  • steveredlish steveredlish Jan 13, 2007 3:16 PM Flag

    Forbes 1/29/07 issue

    Said 4,000 lines but could have meant 400,000. No difference to me no matter how tight the code is. If 5 engineers and 2 years can make a dent in Garmin's know how, I have made a major portfolio mistake. (Wouldn't be my first one)

    I doubt that this article is truly representative of what financial writers and analysts know about GPS applications. On the other hand, in the midst of the dot com explosion, Mary someone or other from Forbes wrote about how drugstore.com was going to change the landscape of pharmacy retailing.

    For me this is just another reason that facts and informed opinions from members of this board will carry a lot of weight in terms of deciding when to buy more or sell.

 
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