If anyone is interested, the mapping company Automotive Navigation Data is
making a huge come back. Their stock price went up 100% today probably due in
part to the following statement in their press release:
"AND has recently signed a license agreement with a large US company for the
use of its maps of Western Europe. As a result, AND expects sales to triple and
profit to increase five-fold in 2009."
Could it be Microsoft, Google or even Garmin? Maybe the next acquisition...
Cheers,
Paul
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