Howard Lindzon speculates that Nokia could buy Garmin. Makes sense since Nokia is in acquisition mode, trying to catch up.
Lindzon: Garmin…Chaching?
As for Trimble ... he could be right. Again.
Showing posts with label NKA. Show all posts
Showing posts with label NKA. Show all posts
Tuesday, October 2, 2007
RIMM unscathed?
Does the Nokia acquisition offer for Navteq have any effect on RIMM? I wondered this, and found that the BlackBerry uses technology from a Navteq competitor, TeleNav.
TeleNav GPS Navigator for BlackBerry
TeleNav has already been made a buyout offer, but that affects Garmin more than Research in Motion.
This is just a small bit of info, but the more I know about RIMM's innards, the safer I feel about buying more shares before Q3 earnings come out in two days. The stock is down 2.4% today and now trades at its 10-day moving averages, which hasn't happened in some time. At $96.23, it's above its low for the day (95.02).
[Epilogue: I just added a few more shares at 96.25. I could say this is technically sound since it's trading near its 10-day SMA (95.89), but I really would rather prefer a discount. The 50-day SMA is 81.44. I don't think RIMM will see 81 barring a global market meltdown.)
TeleNav GPS Navigator for BlackBerry
TeleNav has already been made a buyout offer, but that affects Garmin more than Research in Motion.
This is just a small bit of info, but the more I know about RIMM's innards, the safer I feel about buying more shares before Q3 earnings come out in two days. The stock is down 2.4% today and now trades at its 10-day moving averages, which hasn't happened in some time. At $96.23, it's above its low for the day (95.02).
[Epilogue: I just added a few more shares at 96.25. I could say this is technically sound since it's trading near its 10-day SMA (95.89), but I really would rather prefer a discount. The 50-day SMA is 81.44. I don't think RIMM will see 81 barring a global market meltdown.)
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