There are two issues with GRMN:

1) Biggest part of their earnings come from auto-devices, and we know car sales are declining (though GPS devices for cars sales are growing);

2) GPS is not a 'hard-to-enter' industry, this was just proved by Apple.

I doubt Nuvifone will change the trend, rather all other mobile phones will incorporate GPS in near future (Nokia to be next). GRMN can only take a piece of the pie.

GRMN needs a concept of there future business. They may continue to be manufacturing company, then no super-performance to be expected. If they change the buziness model to service (GPS device to become a map, Google, Yellow Pages, credit card and phone all in one) then they may get another jump in growth.

garmin is traped in a traditional tech niche from which it will probably not be able to escape.

Look at any embedded design magazine and you will see ad upon ad for GPS subsystems that can be easily packed by multiple phone vendors (who are their niche's subject matter experts) into any one of their products.

Now garmin wants to go compete in a space it's never been a part of before?  Good luck with that.  Even if they manage to buy a cell phone company, now they've got to go compete in an unfamiliar market.  Recipe for disaster (the person at garmin who made the decision to try to buy a cell phone maker should be fired).

The age of the stand-alone GPS receiver is dead.  If you GPS receiver doesn't integrate with an existing product and communicate its information to as many device as possible over wireless and wired networks, you're selling a door stopper.

I can't believe the negativity around GRMN but i love it. Does anyone think that any company leads GRMN is quality and performance? Does anyone think all people will use GPS more or less in the future? Do you realize that GRMN has a PE of 8 and 50% of domestic share and 20% on International? ..Don't be lemmings. This has taken a 72% haircut from it's high. Do you think it will hit $20.00 with a 8 PE?

People fail to use their brains. I bought 110K of GRMN last week. You all keep talking it down, and I'll buy more.

Flight over the Pacific C-130...70's...radio thru speakers..Air Force flight xxx this is United flight yyy..just to let you know, you are 400 miles off course. The sextant is dead, the navigator everywhere soon to follow..there's a Garmin taped to the windshield now making dots all over the world. Somethings gonna happen every few years now where a lot of people lose money in the market..then a year or so later..a few people make a lot of money. Do you think the biggy's really mind when something messes this monster up? Turn left next block.

Hi, Kim.

Please don't worry about the ridiculously llow two-star rating my fellow readers gave your story about General Motors trying to sell its Hummer brand monster

gas guzzler vehicles to a Chinese company -- it'a an excellent story, but unfortunately my fellow readers seem to be choosing style over substance.

I'm a political columnist for the Allston-Brighton Tab weekly newspaper in Boston.

Since we have a lot of recent immigrants from Asia  in our neighborhood, we might

be able to get a fresh angle on the story by interviewing some of them -- assuming

our editors approve.   Perhaps we could also do an expose on why the credit card

companies insist on charging their customers for paying by check-by-phone when

virtually no other companies do (I think their motive is pure greed).

Please let me know what you think.

                                                                Mark D. Trachtenberg

                                                                1564 Commonwealth Avenue, #7

                                                                Brighton (Boston), MA 02135

                                                                (617) 739-3342

                                                                tracmark@hotmail.com

Hey Matt, how's that stock doing now, buddy? About $17 a share? Hope you enjoyed the bath.