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Technology Stocks : KVH Industries, Inc.
KVHI 5.630-6.5%Nov 6 3:59 PM EST

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To: Eric V. Melin who wrote (115)6/13/1997 10:08:00 PM
From: Roadkill   of 7249
 
The MMs usually maintain an onerous spread on this stock. I have placed a number of orders within the spread, as have several friends, and none of us have ever had our orders filled at anything less than the full ask price. Basically, this is a micro-cap stock with a thin float and only a few MMs. The noxious spread is part of the territory.

On another note -- why do you want to sell? From a technical standpoint, it appears that KVHI has formed a perfect cup with handle, and broke out of that base just this last week. From the fundmental perspective, analysts predict the EPS to hit .55 by end of '98. If that comes true, and if this stock can reach an appropriate multiple of ~30, we're looking at a $17 stock. I can wait a year or so for that.

On the other hand, maybe you know something I don't. I've been wrong before (more times than I can count); what are your reasons for selling KVHI?
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