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Technology Stocks : KVH Industries, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1658)1/6/2003 10:27:32 AM
From: William JH  Read Replies (1) | Respond to of 7249
 
I was a little surprised to get the shares at $9.29 as they were offered at $9.30 and that was my bid. I get concerned when the MM gives me a break, even when it is only $3. Good luck.



To: robert b furman who wrote (1658)1/6/2003 10:40:41 AM
From: Bridge Player  Read Replies (2) | Respond to of 7249
 
Except for one brief spurt above in October 2000, $10 has been a ceiling for KVHI for many years now. Although I understand that the fundamentals for both products and expected profitability are much improved now, it would not surprise me greatly to see the stock spend several months backing and filling between 8.50 and 10.00. I give this about a 70% probability.

I do agree with you Bob, that if the earnings report is strong beyond expectations and we break 10-11 on excellent volume, 15 quickly is quite likely. There just isn't much float.

Hows that for hedging my forecast? <g>.