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Investing In Garmin

Old 04-30-2003, 07:43 PM
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Default Investing In Garmin

Garmin (GRMN) has turned out to be a great investment for investors. It closed at 42.38 today up 8% over yesterday on volume 283% above it's average volume. Since the company went public last fall at a price in the teens it has risen steadily.

Judging by all the comments about their products here, it makes sense. Wish I had bought a bunch of it when it first went public last fall. Might have if I wasn't still reeling from the pain of my telecom and tech stock purchases.

Thought you garmin fans might be interested in this.


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Old 05-01-2003, 05:17 AM
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Default Investing In Garmin

Yup! Buy what you use! Good investment adage.

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Old 05-03-2003, 02:13 PM
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Default Investing In Garmin

Yep, I bought Maytag, Nokia, AOL, Dell, MSFT. Use them all. All lost big. Some finally came back some. I'm still ahead, but boy there were some shaky times. I doubt Nokia will recover in 5 years. I lost sight of Garmin while it played around in the 20's but I was too timid to buy back at $15 due to the uncertainties of the time. Still, I am in for the long haul. Mostly mutual funds now, though. Indexed, small and large cap, and new growth oriented funds as well as some int'l are my targets these days. If the folks who live this stuff every day can't get it right, I would be foolish to think I can month to month. It's kind of like going into a casino and realistically thinking you are going to actually win off of the machines when they are electronically controlled to beat you. However, investing in a casino is a different perspective. then you are on the side of the people in control.
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