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

To: nojobjim who wrote (727)	10/1/1998 12:04:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 1316

Too the doomers, nice try but my investing group has a couple of KEA employees in it which is why I like to PM instead of posting publicly but since you are trying to be something you are not, figured I better come out in the open. My friends say business is hopping and that revenues are on track. This is normally the slow quarter and we shouldn't expect a huge surprise to the upside but things are solid and going according to plan. One of them just finished a project and barely had time to pack his bags and get to the next one due to the backlog of work. Benchtime is almost non-existant at KEA so if you are in fact an employee, which I doubt, you better start looking for other work because my guess is your about to get fired. One of the others in my group called KEA and actually got connected to speak to Mr. Keane himself who personally assured us that they are "comfortable" with earnings projections of 37 cents. Unfortunatelly he forgot to ask if that was before or after the ICOM aquisition write-off. As for the price drop, I have PMed a few people not to enter yet due to KEA having a declining stochastic this week and to wait until the end of the week because I expected a better entry at that time. A pull back was expected though I admit, I did not expect a drop like this. Tp the poster who PMed me last night or this morning, sorry but I was called away on an exercise recall for a war game and couldn't post or trade today because of such. (I am military) Historical PE on KEA has been 38 so believe it or not, we are not that low if this is a real honest to god bear market however as long as DELL can justify a 80 PE, we should bounce back from this in a few months if the market tanks. For those playing options, I would get as far out as you can afford because as stated before, this market looks ugly even though KEA is as solid as they come. If the market holds, then you at least don't lose as much premium while waiting. Today could be some funds going to cash in anticipation of an ugly October. As I type this, Japan is down an additional 250 points and is threatening to break below 13000 for the first time in 12 years however the GLOBEX futures are holding steady. I would expect a bounce in the market sometime tomorrow before any fall resumes again although the fall could just pick up where it left off. We are at a bottom trendline on this wedge pattern formed on the indexes which is why I expect at least a short term bounce. If that trend line fails, then look out below. Since KEA has already been hit hard, hopefully it won't participate too much in any further market falls. I have noticed that many stocks already cut down held up today or actually climbed despite it. Good Luck, Lee