Magellan GPS Systems

Monday, September 8, 2008

Garmin Net Earnings Drop

The GPS industry has facing a downturn and Garmin reported less than expected earnings resulting in the Market off loading a ton of Garmin Stock

It's market capitalisation fell almost 2 billion dollars and there is more bad news for Garmin stock holders

here's the full story

http://www.fool.com/investing/international/2008/08/01/alas-poor-garmin.aspx


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