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My cousin had taken the "golden parachute" from RCA a number of years
ago as an engineer and joined a group of similar individuals starting a tech company in a Boston suburb. I ran into him at a family gathering a couple of weeks ago asking him what he'd been working on and the reply was "Loran E" or enhanced Loran. In fact the guy that invented the thing and 80 years old, is working with them. This, as with so many new many security measures is a child of 9-11. "Basically the satellites are just too easy of a target", enough said. I'd watch for this IPO. Anyone own Navteq? Have a great one! Bush |
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