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TMOAF - TomTom: When You Hope For A Good Sales Price Its Time To Sell
Tomtom Nv Ord
For years, the TomTom (OTCPK:TMOAF) (OTCPK:TMOAY) narrative has been that its traditional PND (Portable Navigation Device) business has been declining, but that the maps, and especially the licensing to auto OEMs for in-dash navigation it the real value in the stock that has enormous long-term potential. A big component of that story has always been that there were two credible players in that field: TomTom and HERE (former Nokia HERE, now owned by Volkswagen, BMW and Daimler). Google (GOOG) was always shunned by all automakers because they wanted to