Garmin Ltd (GRMN)

[samplescave]

That's OK. I have a right to my opinion. K?

I believe Garmin fell behind when they did not get an iPhone App. Now their hardware is useless.

GPS's are a thing of the past now.

Garmin is Toast~

[War_Eagle215]

Say.. we take your opinion as fact...That just means that Garmin has "fallen" behind in the market...THAT DOES NOT MAKE IT A PUMP & DUMP I AM AFRAID YOU ARE WRONG ABOUT THE PUMP AND DUMP

[samplescave]

Read this again and you will see that Life as Garmin knew it, is over.

Maybe they should have stayed up with the Times.

iPhone 3G: Garmin Missed their Opportunity
~Anders Brownworth - Thursday, July 17, 2008 4:34 PM
With the launch of the iPhone 3G, I see Garmin becoming more and more marginalized. In my opinion, they squandered their lead over the past ten years by not diversifying into new markets. With a landscape that includes the iPhone 3G with its GPS support, a great Google Maps implementation and the wide open field that the App Store presents, it is hard for me to see Garmin becoming anything more than a fringe player going forward.

Let me start by saying that this pains me greatly. I have been a longtime fan of Garmin having purchased my first few GPS units from them back in the mid 90s. I have fond memories of calculating my altitude in the French Apls, tracking my helicopter as I flew from Seattle to San Francisco and even pinpointing the exact location of Hobbitown in New Zealand. (S 37o 51.463' E 175o 40.786') Ten years ago, they had simply the best handheld GPS units on the market. The user interface was leaps and bounds better than the rest of the pack and they practically defined the handheld GPS market.

However, with the launch of the iPhone 3G and its "GPS done right", it seems to me like the last nail is in the coffin for Garmin. When Apple teamed up with Google for their Maps application, a ball started rolling that has been leaving Garmin in the dust ever since.

This one must have come somewhat out of left field for Garmin because who would think to pay Google any attention if you are working on a handheld portable device? But Google was digging in Garmin's backyard. Google introduced maps that automatically update, satellite imagery that allowed you to see exactly what things looked like and realtime traffic overlays that combined to make Garmin's offerings look horribly antiquated - if only Google's application were on a handheld device. And then Apple came along with the iPhone. In one step, Apple enabled Google's "Garmin killing" technology to live in everyone's pocket! Maybe Garmin was starting to notice, but maybe not. The next shot across the bow was Apple's relationship with SkyHook that allowed iPhone users to roughly triangulate their position from cell towers and WiFi hotspots in the area. But it still wasn't GPS so the alarm bells must not have been going off at Garmin quite yet. But who would think that the Apple / Google duo would stop there and stand still? With the GPS capability on the new iPhone 3G, the last nail is in that coffin!

Of course this says nothing about Google's forthcoming Android mobile platform or any number of other competitors in the market. But when two "best of breed" companies get together and make simply a stunning implementation that fundamentally obsoletes your entire consumer offering, you have to take notice!

So what is left for Garmin? As far as I can see, they will become a niche player. There might still be some room in the aviation industry for handheld units although Apple's App Store may slam that door soon enough. I suppose nautical units will flourish for the forseeable future while the iPhone isn't waterproof but you have to see an eventual end to that as well. What is left? Backpackers? User editable Google Maps and the iPhone App Store will trounce that one in a hurry as well. As far as I can see, in-dash Garmin avionics is the only solid longer-term play left for Garmin. I might still buy a Garmin "movable map" display for my helicopter.

Garmin had a good lead at one point but they failed to diversify their product line. Why couldn't I buy a Garmin navigation system for permanent install in my car 5 years ago? Its not like there was a technical hurdle in the way there. 5 years ago I was still balancing my ancient Garmin Street Pilot on my dashboard. Could they not get that together? Had they done so, there would be some interesting options on the table for Garmin but you can bet they won't make it into the car now with Apple's iPod in the driver's seat. (sorry, couldn't resist)

As Carl Howe mentions, the iPhone is truly an Anywhere device. It is a two-way productivity tool that grants access to both the world-wide voice network and the world-wide data network. Without an Anywhere device from Garmin, it pains me to say it but they look dead in the water.

http://www.anders.com/cms/272/Garmin/Apple/iPhone.3G/GPS

Sorry Dude.

Garmin is a Flop~

[War_Eagle215]

IF you want to attack me in PM fine.... hide behind the PM.

Feel free to post as much as you want here...Just stay on topic!

I think alot of people would like to understand how GARMIN is a pump and dump?

[War_Eagle215]

you say:"Maybe you should have read this before you took a "Small Position" in Garmin... "

Since you are concerned..I will say..I bought a small amout at 30 and sold at 34 a few weeks later...thank you for the concern though

[War_Eagle215]

ok..so you think other companies have better apps?

Soooo..how does that make Garmin a "pump and dump"??????? you words?

[samplescave]

War_Eagle215, I can support my own Facts.

Seriously, Navigon and TomTom iPhone Apps blows Garmin away.

Why? because they don't have one!

The general public knew Garmin was going to fizzle out 2 years ago.

Maybe you should have read this before you took a "Small Position" in Garmin...

iPhone 3G: Garmin Missed their Opportunity
~Anders Brownworth - Thursday, July 17, 2008 4:34 PM
With the launch of the iPhone 3G, I see Garmin becoming more and more marginalized. In my opinion, they squandered their lead over the past ten years by not diversifying into new markets. With a landscape that includes the iPhone 3G with its GPS support, a great Google Maps implementation and the wide open field that the App Store presents, it is hard for me to see Garmin becoming anything more than a fringe player going forward.

Let me start by saying that this pains me greatly. I have been a longtime fan of Garmin having purchased my first few GPS units from them back in the mid 90s. I have fond memories of calculating my altitude in the French Apls, tracking my helicopter as I flew from Seattle to San Francisco and even pinpointing the exact location of Hobbitown in New Zealand. (S 37o 51.463' E 175o 40.786') Ten years ago, they had simply the best handheld GPS units on the market. The user interface was leaps and bounds better than the rest of the pack and they practically defined the handheld GPS market.

However, with the launch of the iPhone 3G and its "GPS done right", it seems to me like the last nail is in the coffin for Garmin. When Apple teamed up with Google for their Maps application, a ball started rolling that has been leaving Garmin in the dust ever since.

This one must have come somewhat out of left field for Garmin because who would think to pay Google any attention if you are working on a handheld portable device? But Google was digging in Garmin's backyard. Google introduced maps that automatically update, satellite imagery that allowed you to see exactly what things looked like and realtime traffic overlays that combined to make Garmin's offerings look horribly antiquated - if only Google's application were on a handheld device. And then Apple came along with the iPhone. In one step, Apple enabled Google's "Garmin killing" technology to live in everyone's pocket! Maybe Garmin was starting to notice, but maybe not. The next shot across the bow was Apple's relationship with SkyHook that allowed iPhone users to roughly triangulate their position from cell towers and WiFi hotspots in the area. But it still wasn't GPS so the alarm bells must not have been going off at Garmin quite yet. But who would think that the Apple / Google duo would stop there and stand still? With the GPS capability on the new iPhone 3G, the last nail is in that coffin!

Of course this says nothing about Google's forthcoming Android mobile platform or any number of other competitors in the market. But when two "best of breed" companies get together and make simply a stunning implementation that fundamentally obsoletes your entire consumer offering, you have to take notice!

So what is left for Garmin? As far as I can see, they will become a niche player. There might still be some room in the aviation industry for handheld units although Apple's App Store may slam that door soon enough. I suppose nautical units will flourish for the forseeable future while the iPhone isn't waterproof but you have to see an eventual end to that as well. What is left? Backpackers? User editable Google Maps and the iPhone App Store will trounce that one in a hurry as well. As far as I can see, in-dash Garmin avionics is the only solid longer-term play left for Garmin. I might still buy a Garmin "movable map" display for my helicopter.

Garmin had a good lead at one point but they failed to diversify their product line. Why couldn't I buy a Garmin navigation system for permanent install in my car 5 years ago? Its not like there was a technical hurdle in the way there. 5 years ago I was still balancing my ancient Garmin Street Pilot on my dashboard. Could they not get that together? Had they done so, there would be some interesting options on the table for Garmin but you can bet they won't make it into the car now with Apple's iPod in the driver's seat. (sorry, couldn't resist)

As Carl Howe mentions, the iPhone is truly an Anywhere device. It is a two-way productivity tool that grants access to both the world-wide voice network and the world-wide data network. Without an Anywhere device from Garmin, it pains me to say it but they look dead in the water.

http://www.anders.com/cms/272/Garmin/Apple/iPhone.3G/GPS

Sorry Dude.

Garmin is a Flop~

[War_Eagle215]

you are showing your complete lack of "common sence" if you think GARMIN is a pump and dump! Come on , See if you can get anyone else to support your facts!

[samplescave]

War_Eagle215, this is a Pump and Dump!

Not good at all!

With so many phones that have GPS built in,
who needs an archaic GPS!

What a hassle those things are.

GET AN IPHONE with NAVIGON!!!

LOL!

[MWM]

Analysts: Garmin’s 2009 earnings will head south
Kansas City Business Journal - by David Twiddy Staff Writer
Tuesday, February 23, 2010, 11:23am CST


Investors will get a chance Wednesday to see what kind of holiday season Garmin Ltd. had — the company is scheduled to release fourth-quarter results before the markets open.

Eighteen Wall Street analysts surveyed by Thomson Reuters expect the company to report quarterly earnings of 95 cents a share, a gain from 78 cents a share during the same period a year before. Revenue is predicted to be $955.7 million, a drop from $1.05 billion.

For the year, analysts estimated that Garmin will report profits of $3.04 a share on $2.84 billion in revenue, both less than a year ago, when the company reported earning $3.51 a share on sales of $3.49 billion.

Garmin (Nasdaq: GRMN), which is based in the Cayman Islands but has its headquarters in Olathe, still is the nation’s largest seller of personal navigation devices. Besides devices for drivers, Garmin also makes GPS-equipped products for outdoors enthusiasts, boaters and pilots.

Although navigational devices remain popular, tough competition has forced Garmin to slash prices. The sector also is feeling pressure from wireless phones, which increasingly include built-in navigational services for a fraction of the cost of a dedicated device.

Garmin has attempted to fight back with a wireless device of its own, the nuvifone, but its initial models have not made much of a splash. The company plans to roll out more advanced versions of the nuvifone, including one using Google Inc.’s Android operating system, later this year.

Last week, Dutch competitor TomTom surprised analysts with a $98.9 million fourth-quarter profit, which was higher than expected, and revenue of $723 million. The company said it saw a 15 percent increase in unit sales and a 21 percent decrease in average selling prices. It expects flat sales in 2010.

Oppenheimer Research analyst Yair Reiner said in a research note that the results actually bode well for Garmin because of the stronger North American device sales after two quarters of declines.

“At the same time, we think TomTom’s weak (average device selling prices) mainly reflect aggressive pricing and low-end product mix in the U.S., whereas Garmin should see substantially better results in both categories,” Reiner wrote.

Read about Garmin’s third-quarter results here.

[War_Eagle215]

Garmin® zumo® 665 Brings XM Satellite Information Along for the Ride




Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the zumo 665 – a new fully touchscreen motorcycle navigator that includes an antenna for XM Satellite Radio®, real-time XM NavWeather® and real-time XM NavTraffic®. To receive the XM Satellite information, an optional subscription is required. The zumo 665 is being announced in conjunction with the 2010 International Consumer Electronics Show (CES) in Las Vegas (Garmin booth, South Hall 4, #35832)

“For entertainment or information, the zumo 665 makes every road trip more enjoyable and stress-free,” said Dan Bartel, Garmin’s vice president of worldwide sales. “From back roads to rallies, you can listen to the radio, check the weather and move ahead of traffic as you travel down the road.” The zumo 665 comes standard with the GXM 40 XM antenna – simply add an optional XM subscription and you can receive real-time XM Satellite Radio with 170 digital channels of commercial-free music, news, sports, talk and entertainment along with 20 dedicated channels of XM Instant Traffic and Weather when you travel in the United States. With the addition of XM NavWeather, you can access up-to-the-minute weather data and NEXRAD radar graphics from your map screen to stay ahead of the storm. Plus, when you add on XM NavTraffic, you can find out where the trouble spots are and route around them. For a list of the XM Satellite subscription service plans and packages offered, visit www.garmin.com/xm

Whether you’re riding during a bright day or a moonless night, the zumo 665 has motorcycle-friendly features any rider will appreciate. With a 4.3” touchscreen color display, the zumo 665 puts all the information you need in an easy-to-read format as you travel down the road and features a glove-friendly intuitive interface that makes entering information as easy as shifting gears. This durable and waterproof (IPX 7 standards) device comes preloaded with detailed, street-level maps of the United States, Canada and Puerto Rico with over six million points of interest including gas stations, lodging, restaurants, attractions and more. The zumo 665 speaks street names and will deliver turn-by-turn, voice prompted directions, such as “turn right on Main Street,” via the built-in speaker headphone jack or through a compatible Bluetooth helmet or headset

This motorcycle-friendly navigator also comes equipped with advanced routing capabilities such as lane assist with junction view that guides riders to the correct lane for an approaching turn or exit, and realistically displays road signs and junctions on the route along with arrows that indicate the proper lane for navigation. In some major metropolitan areas, surrounding buildings are displayed in a 3D transparent view

The zumo 665 also has enhanced Bluetooth Wireless Technology with A2DP support for streaming audio in high quality stereo sound, and makes it possible to receive and place phone calls as well as receive navigation cues wirelessly to Bluetooth enabled headsets or helmets. With Bluetooth, riders are free to safely talk on their phone without having to remove their gloves or helmet. For last-minute change of plans or a quick pit stop for food, users can also make calls from the zumo’s huge points of interest database

While riding, it’s also easy to access trip information directly from the zumo’s trip information page like speed, heading, altitude, and a customizable fuel gage that can be modified to the motorcycle’s maximum fuel range. In addition, with the zumo’s powerful trip planning tools, zumo owners can create and custom routes via computer and then transfer the save route directly to the zumo before they begin their journey

The zumo 665 is expected to be available in the first quarter of 2010 for $999.99. For additional information, visit www.garmin.com

[War_Eagle215]

http://ih.advfn.com/p.php?pid=nmona&cb=1262270396&article=40865378&symbol=N%5EGRMN

[War_Eagle215]

I just took a small position in this about a week ago. They have a great product

[War_Eagle215]

Garmin® Grows in Outdoor Recreation, Adding New Oregon® Handhelds, Garmin Connect™ Compatibility & Free Custom Maps Utility




Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the Oregon 450t and Oregon 450 touchscreen GPS devices, the newest of Garmin’s next-generation outdoor handhelds now compatible with the online community at Garmin Connect as well as Garmin’s free Custom Maps utility for transferring paper or digital maps onto your compatible handheld

“More than ever, Garmin offers intuitive touchscreen options for anyone exploring and enjoying the world around them,” said Dan Bartel, Garmin’s vice president of worldwide sales. “Oregon 450t and Oregon 450 provide a bridge between the slimmed-down Dakota™ family and the top-of-line Oregon 550t, all of which work seamlessly with Garmin Custom Maps in planning your adventure and Garmin Connect for reliving the experience and sharing the memories.” Responsive to the touch of a finger, yet resistant to the rigors of nature, Oregon 450t and Oregon 450 simplify navigation through a glove-friendly touchscreen interface. This bright 3” color display is easier than ever to read and use in all conditions. Other key upgrades include user-selectable dashboards, enhanced track navigation, high-speed USB for faster map transfers with your computer, photo navigation and the 3-axis tilt-compensated electronic compass, which shows your heading even when you’re standing still, without the need to hold it level. The new dashboards give users the ability to customize the appearance of various pages on your Oregon, including the geocaching, compass, stopwatch and elevation functions. For hikers, cyclists and trail runners, the enhanced track navigation will prove especially useful. When navigating to a destination on an active track, users will see the changes in elevation ahead of them as well as where they’ve been. Also, waypoints and other key locations along the active route – such as start, end and high and low elevation points – now appear on the map and active route pages. The new Oregon units also include a barometric altimeter, paperless geocaching and wireless exchange of tracks, waypoints, routes and geocaches with compatible Oregon, Dakota, Colorado® and Foretrex® devices

Both units boast a worldwide shaded relief basemap, and Oregon 450t adds preloaded 100K topographic maps for the entire United States and state-of-the-art 3D elevation perspective. Coverage on the 450t includes major trails, urban and rural roads, interstates, highways, coastlines, rivers and lakes as well as national, state and local parks, forests and wilderness areas. In addition, you can search for points of interest by name or proximity to your location and view descriptive details for terrain contours, topo elevations, summits and geographical points

Customizing maps for your Garmin outdoor handheld – and downloading your activity afterward - were never easier. Through a few simple steps, Garmin’s Custom Maps can bring the details, labels and landmarks of your existing paper or electronic map to a compatible Garmin Oregon, Dakota or Colorado. Compatible with both PC and Mac, this free utility complements the myriad of mapping products already offered for Garmin devices, including City Navigator®, NT for turn-by-turn directions on city streets, Blue Chart® g2, for marine charting, and TOPO U.S. 24K and 100K map software for incredible terrain detail (each sold separately). The power of Custom Maps is exemplified through paper and digital maps labeled for specific events and purposes, such as a college graduation invitation that lists campus buildings; a roadmap of a parade, marathon, 5K or bike race; a park pamphlet showing trailheads; land-management maps of wildlife and game areas; or a historic illustration of an area as it once stood. To walk through the steps, to find and share maps and to join discussions about Garmin Custom Maps, visit www.garmin.com/CustomMaps

Experiences will live on long after the activity has ended, thanks to Garmin Connect’s newly announced compatibility with Garmin outdoor handhelds, adding an expansive new product line to the free-to-join online community of more than 17 million activities – with more than 38,000 new activities per day – for sharing, storing, analyzing and enjoying. Outdoor and fitness enthusiasts alike can share activities on Facebook and Twitter, export to Google Earth or relive the activity in table view, calendar view or on a variety of maps including our new embedded Google Earth view

This December 2009 update also allows you to: easily upload to and from next-generation Garmin devices; manually upload .gpx files; send any track found at Garmin Connect in Explore to your Garmin Outdoor device for navigation; and export activity files in .gpx and .tcx format to use on third-party applications. Learn more and join Garmin Connect at http://connect.garmin.com

Weighing only 6.8 ounces, the Oregon 450t and Oregon 450 last up to 16 hours on two AA batteries. Each device has a high-sensitivity GPS receiver with HotFixTM, which automatically calculates and stores critical satellite information and can use that information to quickly calculate a position. The new Oregon models have 850 MB of internal memory and a microSD™ card slot for photos and optional map data, and you can store up to 2,000 waypoints, 200 routes, 5,000 caches and a tracklog of up to 10,000 points and 200 saved tracks. Geocachers can help the environment and be more efficient by going paperless with Oregon by quickly downloading cache information directly to the device. Oregon stores and displays key information such as location, terrain, difficulty, hints and description, so that you don’t have to tote printouts with you. Learn more about geocaching, getting started and going paperless at www.garmin.com/geocaching

Oregon 450t and Oregon 450 are the latest breakthroughs from Garmin, which has spent 20 years developing technologies and innovations to enhance users’ lives, making Garmin a household name in the automotive, aviation, marine, wireless, outdoor and fitness industries. For more about features, pricing and availability, as well as information about Garmin’s other products and services, go to www.garmin.com, www.garmin.blogs.com and http://twitter.com/jakesjournal. To watch step-by-step, feature-specific tutorial videos for Oregon, Dakota and other Garmin products, visit the online learning center at www.garmin.com/learningcenter

About Garmin International Inc. Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – most of which are enabled by GPS technology. Garmin’s products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin, Bluechart, City Navigator, Colorado, Foretrex and Oregon are registered trademarks and Dakota and Garmin Connect are trademarks of Garmin Ltd. or its subsidiaries

[War_Eagle215]

US STOCKS-Futures rise as home price, consumer data on tap, Case-Shiller, consumer confidence on tap, Volume seen light through short week. In light of this Benchmark Journal research team completed in-depth analysis on Kraft Foods Inc. (NYSE: KFT), General Mills Inc. (NYSE: GIS), Chico's FAS Inc. (NYSE: CHS), Fidelity National Information Services Inc. (NYSE: FIS), First Solar Inc. (NASDAQ: FSLR) and Garmin Ltd. (NASDAQ: GRMN). To view our research and see what ratings these stocks are getting today, sign up now by clicking on the link below



http://www.benchmarkjournal.com/?id=6&name=Register

[alserhan]

FROM 5.2 to 0,35 !!!

[night diff]

any thoughts on this stock

[alserhan]

WEeeeeeeee we fly agane after last news

http://www.fool.com/investing/general/2009/09/03/stocks-worth-buying-again.aspx

i buy OPTION 35 OCT GOOOOOOOOOOOOOO

[mkendra]

The most recent annual report, and if applicable, quarterly report, is available for Garmin Ltd.

At no fee...

To order, visit http://djnewswires.ar.wilink.com/?link=GRMN or call 1-888-301-0513

[mkendra]

Garmin shares up 22%

[mkendra]

I read an article that piqued my interest in this today. To sum it up, the GPS market for cars has yet to become saturated.

On watch for a buy in.

[night diff]

Would anyone buy call options on grmn at this point before earnings coming up?

[Stock]

From: [e-mail]
Sent: Tuesday, December 02, 2008 9 PM
To: [e-mail]
Subject: GRMN ==> The next $$$MR. MARKET$$$ winner

It’s time for me to find another hidden gem. Where should I look? I need something to help me find my way. How about my trusty Garmin GPS? I love this thing. It takes me everywhere. I never get lost. It works great. I don’t like driving anymore without it. Everyone should have at least one.

Wow…that hit my over the head like a sledge hammer. Let’s have a look shall we? In doing another value dig, I searched for a stock that had:

• Dropped more than 70% in price over the last 52 weeks.
• Had a trailing 12 month PE of less than 5. Yes less than 5. Why buy something expensive in this market? I’d rather buy something that CAN’T go much lower.
• I want Year on Year earnings growth greater than 60%
• To show consistency, I want a 3 year EPS growth of 60%
• I want annual revenue growth of 40%
• I want return on assets in excess of 20%
• I want return on equity in excess of 30%
• One more thing…I don’t want any debt on the books…zero..nada…nilch.

Only one stock fit the bill…Garmin. GRMN

Today I bought Garmin at 15.74. I will sell it in 4 – 6 weeks at 18.26. Here’s why I like Garmin:

I am sure everyone knows the Garmin story. It’s a great product. It’s 3 biggest competitors are private companies. Garmin’s market cap of 3.3 billion is bigger than all 3 of its competitors put together (Tom Tom, Magellan and some other crap company). The reason I point this out is if the recession is prolonged, then these little guys are going to be the ones who bite the bullet first….not Garmin.

Yeah Yeah…who’s going to buy a fancy GPS in a recession (even though it makes a great Christmas gift)? I’m not going to argue that point, but the world is going to last a lot longer than this recession and men are going to continue to get lost driving and they will continue to not want to ask for directions well after this recession is long gone.

So…even if sales fall off. Remember, we’re looking at a P/E of 4. Garmin has a PE of $ for crying out loud. If Garmin’s sales go down to 1/3 of what they are now…and its earnings go down to 1/3 of what they are now, Garmin’s PE would only go up to 12. It would still be dirt cheap.

So please tell me..what company, who makes a great product, whose sales are growing by 40% and earnings are growing by 60% is going to have its revenues magically drop by 70%??? It’s ain’t happening.

This stock is oversold but its product is not. If you’ve seen one of these GPS’ in action, the first thing you think of is “Wow…that’s friggin cool”. Garmin even makes a dog collar with a GPS in it so your pooch never gets lost again (well actually, you go find the dog, he doesn’t find you using the GPS…but you get the picture).

Anyway, I feel really good about this safe bet and I’m ready to receive my finest meats and cheeses with this investment.

I am HUGE!!!

$$$MR. MARKET$$$

[MrBankRoll]

Could be. If people have jobs and disposable income this holiday season.

I think luxuries, big and small, will be the exception, not the rule this year.

Funny, this showed up on AOL's welcome window.

The Nuvi 880 is rated #1!

http://shopping.aol.com/electronics?ncid=AOLCOMMshopDYNLprim0001&icid=200100397x1210432967x1200647704

[BearGator56]

I don't think Garmin is tied too closely to the auto industry's problems. Garmin's business doesn't rely on factory installs. The market for portable GPS is still hot, because not everyone has one. It's getting there. Look around at a stop light some time and see how many Garmin Nuvis are on the dash.

It's also a way to cut costs when buying a new car. Most factory nav systems add 1500-2000 to the cost of the car. Why do that when you can get a Nuvi for less than $300 that has more features and is portable?

I guarantee portable nav systems will be hot again the X-mas.

[Investorman]

I haven't bought any yet so, since you are probably correct, I'll hang on for a while and look for a bottom. Probably after the first of next year.

[MrBankRoll]

I'd short it if I knew how.

[MrBankRoll]

Auto sales are plummeting. Expecting this to go much lower in the coming months.

[Investorman]

LOL! If you buy it will be a penny stock by the end of the week.

I haven't bought any yet either but am still considering it.

[MrBankRoll]

This has held up extremely well considering most of my other holdings.

Probably because I haven't bought any yet.......

[PENNY_STOCKS]

GRMN is a great long term deal IMO if you can get it under $34

[Investorman]

I don't know if GRMN has hit its low yet but I think that in the long term Garmin will take off again.

They control more than 50% of the market for GPS systems installed by car manufacturers and those are beginning to be almost standard equipment. Should be a common as sunroofs in a couple of years.

[Investorman]

Garmin and uLocate Communications Team to Create Location Based Social Networking Functionality
Tuesday 08/19/2008 9:00 AM ET - Businesswire

As of 4:00 PM ET 8/22/08
uLocate Communications, the world's leading developer of location enabled applications, announces an agreement with Garmin to add friend-finding capabilities to select current and future Garmin GPS devices. The partnership leverages APIs on uLocate's WHERE(TM) platform to enable Garmin users to easily find and connect with friends nearby through the leading friend finding network, Buddy Beacon.

"The team over at uLocate continues to drive innovation with their open WHERE platform, enabling the broadest set of location based applications across the largest distribution network in wireless," said Jeff Rath, vice president, global head of technology research of Canaccord Adams. "This represents a powerful combination - the largest PND manufacturer and the dominant platform in the market bringing together the universe of location enabled connected devices."

With access to WHERE's Buddy Beacon network, Garmin customers will be able to connect with their friends, share their location and update their status across a variety of online social networking sites including Facebook. Unlike other friend-finding applications, WHERE's Buddy Beacon operates seamlessly across multiple networks, making it possible to connect with friends regardless of phone or carrier.

"We are delighted to team up with Garmin and, through our WHERE platform, provide their users with access to Buddy Beacon," said Walt Doyle, CEO of uLocate Communications. "The partnership connects two leaders in their industries that are committed to offering customers new and exciting interfaces."

About WHERE(TM)

WHERE, a service of uLocate Communications, connects consumers with people, places and things through the power of location. Whether finding friends in a crowded city, locating the lowest gas prices, satisfying a craving for a latte or scoring tickets to a local show, it's all about navigating your world. WHERE lets consumers personalize their mobile experience while exploring and sharing interests with friends. Whatever your pursuits, WHERE delivers the best in local information from Eventful, Yelp, GasBuddy, Zipcar, ShopLocal, Starbucks, Buddy Beacon(R) and more.

Available on most major carriers including Alltel, AT&T, Boost, Helio, metroPCS and Sprint, the WHERE platform channels the power of location to the latest mobile devices including Nokia, BlackBerry and the iPhone. For more information, please visit www.where.com.

SOURCE: uLocate Communications

[Investorman]

Pull up the details on it and look at the gross margin and net profit; add that to no debt and all we have to worry about is the economy and stagnant sales - lol.

[MrBankRoll]

About 70% off it's 52 week high. Might have to get me some.

Lookin' like a record month around here.... Too much spare cash on hand.

What better way to dispose of it than dumping it into this corrupt market. lol!

[PENNY_STOCKS]

You did real good getting it down around $36, like you said it's a good stock for a long term hold.

[Investorman]

FORBES
Garmin Ltd. (nasdaq: GRMN

This global-positioning system giant makes GPS units for automobiles, boats, planes, hikers and even dogs (in the form of a GPS-equipped collar). Based in Kansas, it has taken in more than $3.5 billion in sales in the past year and has a market cap of about $7.7 billion.

Garmin is a favorite of both my Warren Buffett-based strategy and my Lynch-based model. Buffett is an extremely conservative investor, so it's not surprising that he takes a good look at a company's debt before investing in it. The model I base on his approach requires that a company have enough earnings that it could, if need be, pay off its debts within five years. Garmin doesn't need five years to pay off its debt; in fact, it doesn't even need five minutes. The firm has no long-term debt, passing this test with flying colors.

As with Microsoft, low debt is far from Garmin's only attractive quality. Another reason my Buffett-based model likes the stock: its earnings history. Buffett likes stocks that have produced steady and consistent earnings over the long haul, and in that regard Garmin delivers. Over the past decade, the firm's earnings per share have increased in every year but one, rising from $0.18 to $3.89 in that time.

In addition, Garmin has averaged a 27.6% return on equity over the past 10 years. That easily exceeds my Buffett model's 15% minimum, an indication that the firm has the type of strong management and "durable competitive advantage" over its peers that Buffett looks for.

Like my Buffett model, my Lynch model is also high on Garmin in part because of its lack of debt. In addition, its P/E ratio (8.96) and growth rate (50%, based on the average of the three-, four- and five-year EPS figures) make for a 0.18 P/E/G ratio. That easily puts it into my Lynch-based model's best-case category (below 0.5), a sign that the stock is a very good buy at its current price. (You should be aware that it will be difficult for a company as large as Garmin to keep up such a high growth rate. Nevertheless, even if it continues to grow at half its current pace, it should be well off.)

[Investorman]

I like it better at $36. This one is going to be a long term play since its products depend on a good economy when people are letting loose of disposable income.

Garmin is solid, no debt and an outstanding net profit margin. They now have a good dividend which makes it easier to hold for the long run.

[PENNY_STOCKS]

Still a good buy at $46!

[Not_Bill_Oneil]

Garmin Chipotle's Christian Vandevelde...

had a tough day yesterday in the Tour. Had a small crash on the last descent but, rode very strong today on Stage 17 and is a favorite for the last time trial. Although after yesterday, he is now over 4 minutes off the leader Sastre, so probably too far behind. He really needed to pull up and stay with Sastre today and trim off 2 minutes.

Close race for the general classification top 5 leaders. Christian is overall sixth.

GL.

[PENNY_STOCKS]

Garmin has been rebounding nicely this week, I'm still very long in this one!

[Not_Bill_Oneil]

Team Garmin Chipotle's

Will Frischkorn was in the breakaway today on the third stage of the Tour de France and finished second. Overall he is now third. They've got a good team although relatively made up of mostly unknowns.

[PENNY_STOCKS]

Bought back in @ $43

[PENNY_STOCKS]

Garmin® Announces 2008 Annual Dividend and Share Repurchase Program

CAYMAN ISLANDS/June 6, 2008/PR Newswire/ - Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that its board of directors has approved the payment of a 2008 annual cash dividend in the amount of $0.75 per share. The dividend is payable to shareholders of record on December 1, 2008 and will be paid on December 15, 2008.

Garmin Ltd. also announced that its board of directors approved a share repurchase program authorizing the company to purchase up to 10 million common shares of Garmin Ltd. as market and business conditions warrant. The purchases may be made from time to time on the open market or in negotiated transactions in compliance with the SEC’s Rule 10b-18. The timing and amounts of any purchases will be determined by the company’s management depending on market conditions and other factors including price, regulatory requirements and capital availability. The program does not require the purchase of any minimum number of shares and may be suspended or discontinued at any time. The share repurchase authorization expires on December 31, 2009.

The five million share repurchase program that was approved by the board of directors in February 2008 was recently completed.

http://www8.garmin.com/pressroom/corporate/060608.html

[PENNY_STOCKS]

Taking some profits here since Stochastic is peaking and will likely re-enter after pullback.

[PENNY_STOCKS]

Another chart....

[PENNY_STOCKS]

Garmin's been moving along nicely lately, they have some great GPS equipment available. Good long term stock IMO.

[PENNY_STOCKS]

[Not_Bill_Oneil]

The price seems right...

but, is it? Don't know. Do I like it? Good question.

The value is there, that's for sure. I don't remember if/when it's traded at this multiple. But, without listening to the most recent CC, I don't have a feel on how all divisions are doing, as well as the company in general.

Instead, my money has been of late on RIMM instead, and some on AAPL. Been buying calls, and I'm not selling 'em as quick as I did my Goog.

GL.

[StockTrader1965]

I love it considering I liked it and bought in at like $70 a share. I would love to get in at this price.