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


To: WaveSeeker who wrote (743)10/1/1998 1:01:00 PM
From: F. Foos  Respond to of 1316
 
Mark, Your theory about KEA's pipeline drying up is interesting.

If business is slowing down, how do you explain the level of business being reported by Intel, Microsoft, Cisco, Dell, Compaq, IBM, Oracle?

The Merrill Lynch analyst changed his long term rating on KEA to accumulate but left the EPS estimates unchanged. He reduced the Long Term Growth estimate to 25 - 30%, down from 35%. The consensus estimate from Zacks has earnings growth at 32.5% for the next 5 years. This doesn't qualify as "drying up".