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Technology Stocks : KVH Industries, Inc.
KVHI 6.705+10.5%3:59 PM EST

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To: straight life who wrote (2409)8/13/2003 5:34:27 PM
From: robert b furman  Read Replies (2) of 7249
 
Hi straight life,

Definitely the latter.

There has been a nasty short play put on KVHI.

I think it was and is ill founded.

No doubt some uninformed felt the earnings didn't justify the price.In general I'd agree.

This stock is a stock that has a track record .They have propretary knowledge that when applied commercially to other more expensive sensors that are less accurate - they result creative destruction.

These guys are very quality oriented - they don't hurry the formula and their track record has beeen batting 1000 % so far.

I've owned them since Wisconsin was the ONLY fund.That is a huge change.

Make no mistake - what we're seeing is what manipulators with a lot of money can do .

They are attempting to accumulate stock at a lower price and shaking the tree.

To me,an investors must look the other way and if they are successful follow behind them and scoop up some value yourself.

Note that sounds easier to do than it actually is.

What turned this market was susbstantial buying by the dip buyers in the 16.75 range and then another salvo reversed the shorts in the 17.75 to 18.45 range.

The shorts got eyeball to eyeball with dip buyers and they didn't have the power to crash KVHI.

Mt bet is they're burned and lookin for another weak sister this one is to strong.

I also think there are a lot of shorts miserably stuck in a bad trade.

A blast to 26 will get us a squeeze to 30,as the shorts capitulate.

The A-5 will ship when they are flawless - that's how it should be.

They will sell just fine.

I think the forecasts are very conservative.This is going to be fun to watch it unfold.

Then new military projects will be the frosting that gets us a 2 for 1 split in 04.

JMHO

Bob
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