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HK HK is offline
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First recorded activity by BoatBanter: Jun 2007
Posts: 1,643
Default What do we do about Garmin.....

lid wrote:
PhantMan wrote:
Anybody still here that remembers that early '01 discussion and bought
in about that time? Whutcha gonna do now? Buy? Sell? Hold?


HK wrote:
:}
Pardon my smile.


Consider yourself pardoned.
Actually, when you started posting pics of a new boat a month or so
ago, I figured at that point you must have started cashing in LoL!
Anyhow, all their numbers still look good and getting better all the
time. So I would expect a steady increase in price. It's the spike in
their price that caught my attention. Not sure what to make of that.
So for now, I plan to keep holding. But that leaves two chances out of
three I'll be wrong.

Rick



Actually, the new boat had nothing to do with the Garmin stock I bought.
If memory serves, I bought in at $11 and some of the "boys" here gave me
**** for it. But I knew those Rockhurst Jebbies would come through in
the long run.


I sold the original Yo Ho for substantially more than son of Yo Ho cost,
and my friendly neighborhood Parker dealer came up with a really nice
deal for the new boat. So we came out with quite a bit of cash.

Incidentally, my "depreciation" on the sale of the original Yo Ho was
very low, which I owe to the desirability of the Parker brand in the
Chesapeake Bay area. It only took a couple weeks to sell the boat, once
I decided to do so, and I ended up with one buyer with check in hand and
two others ready to take the boat if he did not.

Back to Garmin. I spent a considerable amount of time looking for a new
GPS for the new boat, and settled on a Garmin 4208 because of the
gorgeous screen and easy use menus.

I've got a minor issue with the Garmin software I had on hand to enter,
record, save and transfer waypoints. I updated it, but it still has a
couple of minor "Vista" issues. Works fine on my two-cycle etec Win2k
laptop, though.