Jefferies Comments on SiRF (SIRF) Says TomTom Second Source is No Longer Just a Rumor

In a researh report this morning, Jefferies said rumor that TomTom is using a second source besides SiRF Tech (NASDAQ: SIRF) for GPS chipset is no longer just a rumor. Jefferies said their checks suggest TomTom has selected privately held Global Locate as a second source.