Digital Dave

Well, we had the day off from school today, which gave me some extra time to study up on some things.  I didn’t get as much as I wanted to get done this weekend, due to taking a trip back home, but the semester is charging full steam ahead.

October is here, and that means that enrollment is just around the corner.   It looks like I can take 16 credit hours in the spring or fall, and the other semester will need 13 hours.  I’m still determining what classes I want to take for my electives, but I need to get with some people to figure out what direction I should take.  I’m getting pretty anxious to graduate, if this blog couldn’t tell.  I miss work.

Today, Nokia made a pretty interesting move in the GPS market.  They ended up buying a company Navteq.  Navteq produces the maps that you might see being used on Garmin products.  As you can imagine, this is a nice strategic movement for Nokia.  Having Navteq will help Nokia provide a GPS enabled phone.  But this pretty much slammed Garmin’s stock against the wall, and nailed it between the legs.  Garmin’s stock fell to it’s knees pretty bad today.  I’ve got to think irrational selling on some of those investors.  I don’t see this 8.1 billion dollar buy from Nokia to be something that shatters Garmin.  But there sure were a ton of people jumping ship.  It ended up falling ~12% at the EOD and at times it was down around 16%.

Anyways, I took a nice hit from this.  But, with all things, once investors see the light, they’ll come back.  For now it’s at a nice discount.

If you are a student, and are interested in investing, head to www.updown.com.

In other news, Kansas State football smashed the University of Texas.  What a great game. GO CATS!