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

To: 23 skidoo who wrote (7082)	5/15/2019 5:20:42 PM
From: hedgeclipper	1 Recommendation Recommended By richardred Respond to of 7249

KVH is a concept company. From time to time they have clever ideas … A5 TV antennae, TracVision M1 for Boats, VSAT ,IMUs, FOGs, TACNAV… And they can actually make working versions of these devices. BUT they have never never been able to make and sell these devices in significant numbers where the whole company makes a profit year after year after year. For more than 10 years KVH has stumbled along from one clever idea to another without making a profit. Now mumbling about the internet of things!! Come on. Get real…. At one point they had more than $50 million in the bank; now they are down to just $18 million and likely to run through that sum very shortly. The due date on their corporate debt coming up rapidly threatens the continued existence of the entire company.. The institutional investors capable of recognizing this have been heading for the exits. nasdaq.com This is why they sold VideoTel. After paying off corporate debt, they must think the remaining cash will persuade the Board to give management more time … BIG mistake…. Goodby old friends Hedgeclipper