GREY:CINRF - Post by User
Comment by
lamystiqueon Feb 05, 2000 12:37pm
246 Views
Post# 1325193
RE: Much to Come
RE: Much to ComeThe only competition is Trimble. However CSY has developed a way to use the existing car antennae to be used with the GPS equipment. That means that if it is patented properly, the concept is patented and Trimble and other companies would be forced to install another antennae on the car, which would add to the cost. Therefore CSY is in the veritable lead & since a patent is usually good for about 17 years, CSY could over that time make billions of dollars in revenues.
By making huge profits as well the company may re-invest in other product development and research. There will soon be [if not currently] satellites which do not require differential corrections. The value of GPS for all industries in the world that require geospatial postioning is much greater than automobile use. There are slightly over 500 million autos in the world, but there are around 1.2 billion bicycles in the world, and there are probably 2 billion people in the world that may be able to used GPS simply to find addresses. The combined value of CSY as a future investment then is vast. Cisco Systems increased in value in the 1990's by 125,000 %, and is the largest in the US. So for instance, if you had 1000 shares in Cisco when it was at the low, then you would have at one time $12.5 million in your folio.
Should have loaded up two days ago when CSY dipped to $1.70. To bad for the sellers.
One never goes broke making profits!