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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock -- Ignore unavailable to you. Want to Upgrade?

To: Craig Richards who wrote (1349)	5/12/1998 9:19:00 AM
From: Bob Trocchi	Respond to of 1518

Craig... The concerns about what Y2K companies will be doing after 1/1/00 appear to be real. >>Seec (SEEC) shares slid 10 percent when concerns over the company's future overshadowed better-than-expected fiscal fourth-quarter earnings. The company gets 85-90 percent of its revenue from products aimed at helping computers adjust to year 2000. The share on non-Year 2000 revenue "could have shaken some people up," H.C. Wainwright analyst Alex Arnold said. "But the company is doing exactly what it should to build the business." The concerns outweighed better-than-expected fiscal first quarter earnings. The Pittsburgh-based company reported earnings of 17 cents per share, 4 cents ahead of analysts' expectations. Revenue at the company, which makes software "patches" to fix the problems associated with the upcoming change of the millennium, jumped 400 percent to $4.2 million. Shares closed off 1 3/8 at 13. See full story.<< cbs.marketwatch.com I am long Keane and they had a good business before y2K came alone, have continued to build it up and their stock has recently gone from high 50's to 42 yesterday. UGH. Bob T.