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Technology Stocks : KEA (Keane) Application Outsourcing for E-Commerce -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (2)	2/17/2000 2:36:00 PM
From: Bob Trocchi	Read Replies (1) \| Respond to of 34

bob... If you look at my profile, I am retired and have been out of the business where it is more likely to get useful information by talking to people "on the street." I live in the Boston area thus hearing about Keane in the Boston Globe is more frequent thus one of my interests in following it. Clearly KEANE has been a very solid company for a number of years. When they jumped into Y2K, they really made a bundle. That was good news then but bad news now. My guess is that they were so focused on Y2K and the hope of follow on business it would create. The follow on business did not materialize to the level they believed or planned for. IMO, they are now changing focus and have been for some time. Outsourcing, e-commerce, Health info systems and other areas that I can only assume. This means perhaps different skills from many of their people. Downsizing and rehiring must be going on to get skill sets in place around the country. This is NOT easy to do. It shows up in the earnings reports as flat revenue, less margin, flat to less profit, etc. Longer term however if they do it right, it will be a blessing. From a long term point of view, 2-3 years, I feel investors will be rewarded. IMO they will not be a 10 bagger or even a 5 bagger. My hope is for a double or triple from here in 2-3 years. I mostly invest for the long term. I do have a "hobby" trading account that allows me to spend some time on the net and keep up with a lot of companies activities. My style is patience and that is not good if you are a trader. So, being long winded, I feel KEA is a long term hold. They did not get to where they are by being dumb and I feel their current focus will be rewarding for conservative long term accounts. Good Luck Bob T.