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Technology Stocks : Keane The leading y2k service provider

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To: Mark T. Heath who wrote (322)	1/23/1998 10:41:00 AM
From: Hawkmoon	Read Replies (2) of 1316

Mark, Sorry to get you worried... My thoughts were based mainly on the ability to capture revenue through billing. To be quite frank.... I see 1998 being the year to be in Y2K stocks and out of Big Caps. The reasons behind this are that 1998 will be the period that the most work will be done relative to Y2K. There will be continuing press releases and good news. Then.... I have a strong hunch, which I am not absolutely wedded to, that we see a severe recession in 1999 that sinks all boats, to include Y2K stocks. This will be the period in which I will be mainly in precious metals or maybe gold stocks. I have no doubt that KEA will survive and thrive in a post-2000 economy, but first I think there are going to be major economic events, one of which will be the decoupling of US and Asian financial markets. The Asians have not dealt with Y2K at all. They are going to smashed quite hard and nothing we do will likely prevent that. Europe may also face a similiar scenario if they aren't more pro-active in remediating Y2K. Basically, I'm looking 5-20% of small cap companies going out of business rather than dealing with the costs of Y2K. That is a big chunk of the economy. So while I'm bullish on the Y2K sector overall, I'm guarding against over-inflated valuations as people look for the best earnings. As 1998 progresses, I hope that my worst fears are not realized. I like being pleasantly surprised... :0) I basically saw KEA doubling to $60 in 1998 when it was in the $30 range. We are already up 40% from two months ago and almost half of my target price. Now I have to look at which companies have the greatest strength in revenue and earnings as my best opportunities. In sum, I am certainly not growing nervous but when I look at the fundi's compared to some other company growing faster and making more money than KEA. But I want to maximize my investment dollar in 1998 in preparation for what I feel lies ahead in 1999. Call me a gloom and doomer... but this Y2K stuff kinda' gets a guy thinkin' which sometimes leads to ramblin' in public.... :0) Regards, Ron

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