KVH Industries, Inc. Message Board

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Technology Stocks : KVH Industries, Inc.

KVHI 7.025

-1.4%

11:41 AM EST

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To: Nagaraju R. Arakotaram who wrote (119)	6/16/1997 12:48:00 PM
From: Brian W. Nash	of 7249

There is no news that I am aware of. I think today's move is the culmination of several weeks' increase in volume, most likely due to institutional accumulation. IBD shows KVHI's Acc/Dist ratio as 'A'. If the stock can successfully penetrate the overhead supply around 10, it would be a very bullish technical indicator. I believe you are correct in your assessment of its potential, and that you have picked a fortuitous entry point. Valuing the stock by several different measures, I arrive at a figure between $21 and $25/share. The only question in my mind is when, not if, it will get there.

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