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Technology Stocks : Firstwave Technologies, Inc. (FSTW)
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To: Roger A. Babb who wrote (104)12/4/1997 2:45:00 PM
From: Bob Trocchi  Read Replies (2) of 1205
 
Roger.

A lot of things have been said about the news of Mr. Keane joining the BOD of BROC. I will weigh in with a few additional comments.

I think there are two real questions. Why he wanted to join the BROC BOD and why did BROC want him.

IMO, Keane is clearly doing great with their current business with some 450 (at last public press release) in the Y2K business. (side topic. Funny some people are anxious for Zitel to get their first and here is a company with 450+). I thus conclude that Mr. Keane wanted to work with a company in which there would be business synergy after the Y2K craze dies down. In addition, working with a much larger company than BROC would not enable him to influence direction as much.

From BROC's perspective, having someone who has grown a business in a successful and proven manner is a great addition. It tells me that BROC management wants that kind of advice. In addition, the SFA potential for BROC to possibly work closer with a company with that many clients is another positive.

Finally, I believe there is a strong meeting of the minds between Mr. Keane and Mr. McIntyre. Being in the Boston area, I hear nothing but good things about Keane. No hype just good solid results. Seems to me both believe in conservative but successful approaches.

For anyone who has not had the time to look at a few figures about KEA,
Check out dbc.com

I am not long in KEANE but maybe I should be!

I have often wondered if KEA were traded on the NASDAQ vs AEX, would they get a lot more exposure and with their track record, command a higher stock price?

Regards

Bob T.
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