Navteq is COOKING…I am Considering a GPS Tattoo

Posted by Howard
on July 23rd, 2007

Please tell me you owned this. I truly can’t keep track of the goodness going on in my portfolio from the road. Monday mornings have become a bullish gigglefest if you are long stocks. Of course it’s not right, or even fair, but this is the rewars for being invested and not market timing.

I have loved this broken stock all the way down from it’s previous highs (buying in the 50′s, 40,s, 30′s and twenties) and now all the way back up and today Tom Tom, the Garmin of Europe bough Tele Atlas for $2.6 billion .

Navteq (NVT) is the smarter version of tele Atlas so I would assume that a bifdding war may ensue for Navteq which is up another $12 at an all-time high. I may add some here later when I see where the prices settle.

Opsware who :) ?

PS – A GPS product update show (Check out the Garmin Forerunner) is due and I will get on it today.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.