bgrandorff
Active Member
Hope this isn't to much of a downer ;-)
Just curious if anyone is considering the company's ability to survive in their decision on their glass...and what that would mean to their panel decision. We take that consideration into account in the corporate world whenever choosing a vendor...and quite often in hindsight it was a smart thing to do.
If Garmin were to go out of business, for example, it is likely that the government would step in considering the amount of their install base in critical systems. While a year or two ago that would likely seem preposterous, their stock is taking some serious hits and when companies like Circuit City recently filing bankruptcy and owing Garmin a cool 15 Million, it may not be unheard of in a year or two.
My concern is more in the small to mid sized vendors. Garmin, Bendix, Avidyne and so on can likely recover under Chapter 11 or with other help.
I don't necessarily think the sky is falling, but the number of new builders is going to decrease rapidly in the coming year or two until the economy recovers. Will be interesting to see which companies manage to weather the storm.
Just curious if anyone is considering the company's ability to survive in their decision on their glass...and what that would mean to their panel decision. We take that consideration into account in the corporate world whenever choosing a vendor...and quite often in hindsight it was a smart thing to do.
If Garmin were to go out of business, for example, it is likely that the government would step in considering the amount of their install base in critical systems. While a year or two ago that would likely seem preposterous, their stock is taking some serious hits and when companies like Circuit City recently filing bankruptcy and owing Garmin a cool 15 Million, it may not be unheard of in a year or two.
My concern is more in the small to mid sized vendors. Garmin, Bendix, Avidyne and so on can likely recover under Chapter 11 or with other help.
I don't necessarily think the sky is falling, but the number of new builders is going to decrease rapidly in the coming year or two until the economy recovers. Will be interesting to see which companies manage to weather the storm.