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6 pts

Opinion on  Garmin Ltd (GRMN)     Sector: Technology  >  Industry: Communications Equipment
GRMN - cooper

Jul 26, 2007 01:37 AM GMT
Canada
Return Risk
-14.80% HIGH
Sr. Analyst

grmn


Update 10/07:

BUSINESS SUMMARY  
Garmin, Ltd. and its subsidiaries engages in the design, manufacture, and marketing of navigation, communications, and information devices that are enabled by global positioning system (GPS) technology worldwide. It operates in four segments: Automotive/Mobile, Outdoor/Fitness, Marine, and Aviation. The Automotive/Mobile segment offers a range of automotive navigation products, as well as a variety of products and applications designed for the mobile GPS market. The Outdoor/Fitness segment provides GPS-enabled handheld products for outdoor activities and training assistants for athletic pursuits. The Marine segment includes network products and multifunction displays, fixed-mount GPS/chartplotter products, and sounder products. The Aviation segment comprises panel-mounted product line, which includes GPS-enabled navigation, VHF communications transmitters/receivers, multi function displays, receivers, instrument landing system receivers, marker beacon receivers, and audio panels; and digital transponders, which transmit an aircraft's altitude and its flight identification number in response to requests transmitted by ground-based air traffic control radar systems or collision avoidance devices on other aircraft. Garmin's consumer products are sold through independent dealers and distributors, and panel-mount aviation products are sold through distributors worldwide. The company was founded in 1990 and is based in Grand Cayman, Cayman Islands with additional offices in the United States, the United Kingdom, Europe, Middle East, Africa, Asia, Australia, and New Zealand.


GRMN:  This call was made on 07/26/07 @ $83.45
Rating:   Positive   $83.45 (07/26/07)
Gain/Loss:   -61.97% in 851 days
Target:   $90.00 (+7.85%) in < two weeks


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