SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : KVH Industries, Inc.
KVHI 7.070+1.4%Jan 2 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Gordon who wrote (77)4/19/1997 12:44:00 AM
From: Roadkill   of 7249
 
This stock is dropping, but not on particularly heavy volume so I am not too worried. If 6 holds, we should be OK. With these 1st Q results, I believe the trialing EPS is now .40. Multiply that by a respectable PE of 25 (the minimum this stock should have, considering its consistently strong earnings), and we would have a $10 stock. Remember last spring when the average stock on the NASDAQ had a PE of 34? Those were the days.

Back to KVHI: Margins are improving, the company has $8 mm in cash with no long term debt, the TACNAV business is strong, the satellite phone system looks like it will do fine and accounts receivable are improving. Things look fine. Today's drop was probably the small momentum players moving out after KVHI failed to blow out estimates. Many of the remaining shareholders seem strong (as evidenced by the miminal drop during the NASDAQ correction). If this company ever gets any attention, we're golden. Unless the story changes, I plan to hold this one for a long time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext