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Technology Stocks : KVH Industries, Inc.
KVHI 5.950-1.8%Feb 6 3:59 PM EST

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To: robert b furman who wrote (466)5/24/2000 9:19:00 AM
From: Sector Investor  Read Replies (1) of 7249
 
<<I think this trading action is absolutely the clue I look for.This is accumulation by institutions.The lifeblood of any stock in an uptrend!!!!

It's not our positions that drives the market - it is the institutional $$$$$ that is the driver.

We are getting close to a nice move up.>>

Yes, I noticed that 13,500 share block 1/2 hour before the close, and 1 1/2 minutes earlier an 11,700 share block at $5 15/16. That's 25,200 shares. At the time the ask was at $6 1/16, the bid at $5 7/8 and the previous three trades were at $6.

That definitely seems an institutional buy, as that much volume in small retail trades would have moved the price over $7, based on what we have seen in the past.

You are right - that is a very good sign.
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