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Technology Stocks : Keane The leading y2k service provider

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To: Digitom who wrote (1042)2/27/1999 1:26:00 PM
From: Lee Lichterman III  Read Replies (4) of 1316
 
There was also an interview with Keane Jr in Information weekly's 22 Feb edition. It is nice to see that they are finally at least making an attempt to get some press. Article didn't say a whole lot other than they were supposed to announce another deal soon with Dominion Insurance of Canada worht about 10 Mil for a five year outsourcing deal. They mentioned the 20 Mil with Supervalue that was just done and the key thing I saw was that the Analysts are looking for KEA to reduce their Y2K revenue to 25% this year. So if they keep reporting 37% like the last report, we could start a new round of hurting even though it takes about 8 months for the delay.

For those interested, the article was on page 36 in case you just want to nose through it briefly in the rag shop.

Lee
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