Keane The leading y2k service provider Message Board

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Technology Stocks : Keane The leading y2k service provider

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To: Sun Tzu who wrote (1158)	4/26/1999 3:37:00 PM
From: freeus	Read Replies (2) of 1316

rebearish case Well I bought some at 22 5/8 but here's part of a bearish case. The trend is your friend. From a T.A. point of view KEA has a HORRIBLE chart. It has been out of favor and going steadily down for a long time---close to 9 months I think. That is not good because if Wall St perceives that a company is not good the stock will not perform. Period. People were telling me to get into KEANE in the 30's. I'm mighty glad I didnt. I felt that in the low 20's the downside was very limited. In addition, many investors perceive KEA as "year 2000 stock" which, since we are getting closer and closer to the ACTUAL year 2000, is not good. So T.A. (and today is good so far but we'll see) and psychological indicators are not good for Keane. Fundamentally, it is a strong company I believe. Thats the bearish case as I see it. Freeus

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