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Technology Stocks : Keane The leading y2k service provider -- Ignore unavailable to you. Want to Upgrade?

To: Mark T. Heath who wrote (1279)	9/9/1999 5:05:00 PM
From: Lee Lichterman III	Respond to of 1316

Not sure but my system gave a buy on it yesterday as can be seen on my chart at my site but I didn't think it would be anything like this. I don't have my data downloaded yet but I believe today's close will put it over the 200 DMA for the first time in a looooong time. I am not going to bite into this until I hear a why. I wonder if there is a buy out rumor or something. If they are bought out at a nice premium, the SEC better look into this because a 30% jump before an announcement stinks of a leak. This was too large a jump too fast. I will be very interested in finding out the why someday. Good Luck, Lee

To: Mark T. Heath who wrote (1279)	9/9/1999 6:07:00 PM
From: Jason M	Read Replies (1) \| Respond to of 1316

I think that you're right in that the Street has unfairly labelled KEA as a Y2K company. Alot of the companies in this sector such as CHRZ and the now defunct TAVA were labelled as such. A large percentage of their revenue was Y2K generated. Now that Y2K spending is drying up, these companies need to prove that they can shift back to traditional IT work. KEA will have no problem since they were succesful even before the term Y2K was invented. The problem is that the Street believes that IT budgets will be frozen for awhile until companies are positive that no Y2K backlash occurs. I don't think any companies are going to begin on any ambitious IT project until everything is sorted out next year with Y2K. I guess the Street assumes that it may take a year for these companies to really ramp back up to their old levels and beyond. With 9/9/99 not posing any problems, companies have confidence that Y2K work is solid and they can proceed to other projects. This 6+ point pop certainly can't be attributed to that, though. Something else must be going on...