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

To: Jorge who wrote (523)5/11/1998 11:10:00 PM
From: Mark T. Heath  Read Replies (1) | Respond to of 1316
 
I know of no fundamental change in the business. No downgrades, no news from the company, no nothing other than a stock that has technically broken down and looks ready to test its 200 day moving average which is around $40.



To: Jorge who wrote (523)5/12/1998 12:49:00 AM
From: Kal  Read Replies (2) | Respond to of 1316
 
Since nothing has changed, the only reason for dropping that I see is: y2k stocks in general are out of favor. money is rotating out into other sectors. In the mean time, those who're not patient enough bail out while MMs accumulate, until the next earnings period, when upgrades and positive sentiments flow enlessly. The stocks run up pretty high, they sell, make their money and wait to do the same in the next period.. and so on.
JMHO


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