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Technology Stocks : Data Dimensions

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To: Jumper who wrote (2932)8/31/1997 10:05:00 PM
From: TA Trader   of 4571
 
As long as we're referencing IBD,Sept. 2, everyone should read page A35-Companies In The News- on Keane Inc. This is a solid player in the Y2K field and it could be in all of our portfolios. My point here is that the article relates, by interpolation, the magnatude of the problem and the amount of work that is out there. Keane is quoted on donig $225 MM in Y2k in 96 and for the first 6 months of 97, they have landed 26 contracts above $5MM each. Further, they are booking 4 to 5 new customers a week. To those of you who still do not believe the magnatude of the problem, I suggest you look into the amount of business that some of these companies are doing now. It's just too early to be short this group!
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