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Technology Stocks : KVH Industries, Inc.
KVHI 5.990+4.1%Nov 4 3:59 PM EST

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To: Roy F who wrote (1475)10/17/2002 7:42:54 AM
From: robert b furman  Read Replies (1) of 7249
 
Hi Roy,

And a profit to boot !!!

That was the first number that hit me - up from last year but off just a rad from 02 annual rate.

Really like margin growth up 10% to 45% - expenses down 600,000 - last quarter 640,000 nonrecurring expenses came in about right.

Best of all I LOVE the 1,000,000 in CASH.

Of course we all know depreciation is a cashless expense but a million bucks in cash with a profit of 150,000 and no taxes (using TLC) really results in triggering somebodies cashflow screens!!

All in all an outstanding day in the history of KVHI.

Well done.

P.S how did you get that release so quick - I was just at the website and it wasn't posted.

You're good <VBG>

Bob
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