What happens to GRMN if Tom Tom buys Tele Atlas???? Are they doomed and are they committed to a bidding war?
garmin losing the tele deal would most likely up the price. if they get into a bidding war the stock could get hurt.
loving this fall..also in wynn. doesn't grmn dominate the aviation nav market?..they're also into gps for dogs, and other things.
OK, Now it is kind of confusing to me. First it gaped down from 120, because market was concern about the Tele atlas offer and if the bid is the right amount or not. Now that the deal is evidently not going through. it is still going down and they are saying : ummmm.. they might have lost a good deal.... This S... got to return.. Ha... but what do I know ? today was my last re-load at 85.00.