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


To: Hawkmoon who wrote (281)1/12/1998 11:20:00 AM
From: Mark T. Heath  Respond to of 1316
 
Ron, I do some basic tech analysis on my portfolio. I concur with your "weakness at $39" analysis. I added to my position in Friday's selloff under my opinion that an upside surprise is coming with this week's earnings release. KEA is under the thumb of the overall market right now and it may not matter unfortunately what the numbers look like this week. The stock is expensive as a previous poster has stated on a simple P/E basis, but the previous earnings growth has justified this multiple. I would hope that a nice number is announced this week to further justify the valuation and maybe expand it a little more. Stock is up this morning while most techs continue to fall.



To: Hawkmoon who wrote (281)1/13/1998 3:11:00 PM
From: Mark T. Heath  Read Replies (1) | Respond to of 1316
 
And I thought I pulled the trigger too quick the other day. Stock is up $4 today. A general rebound is underway today. What is the event(s) triggering this bounce? Intel earnings optimism? IMF bailout of Asia? Whatever it is, let's hope for a great number Thursday evening to contract the multiple and propel the stock forward through the previous 52 week high.