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Technology Stocks : KVH Industries, Inc.
KVHI 5.970+3.1%3:59 PM EDT

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To: 23 skidoo who wrote (7206)7/28/2020 6:40:50 AM
From: nissan  Read Replies (1) of 7249
 
Hi Ski

It certainly can't hurt receiving the PPP. Easy math comes out to about $900 per week per employee for 4 month period.

Some mention of about 400 ships coming over to KVH for internet service during this time. Using someone elses equipment as I understand it. Has to be some small providers struggling more than others in this trying time. Be nice if KVH can expand relationships with some small struggling companies.

In cc, was mentioned there was a 200 unit backlog of installations due to covid slowdown. For this thing to start rolling, I see KVh needs between 300 to 400 units per quarter.

One of the TacNav orders came through that Martin mentioned. Should be one more to announce yet this year, and it should be close to the same amount.

J
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