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

To: Judy who wrote (799)	10/26/1998 12:31:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 1316

Fundamentally same as always, income up over 100%, revenues were only up 55% this time but this is always the slowest quarter. My only concern was receivables were up a bit but this could be due to the new merger business causing a slight delay in collections. I seem to recall from the last conference call or else when I called them on my own one time their mentioning that they have to tally the hours, bill the hours, wait for payment then log the collection in the books which took quite a while in total delay. This was due to all billing being done from actual hours worked. I think they are an excellent company and personally though I distrust the general market, even in a recessionary environment or whatever we get, I would rather own a service company than a chip maker, PC box maker etc. IT staffing is in demand and will be for years. John Keane has always had vision and capitalized on Y2K before most others and now is moving into the enterprising arena. He stays a step ahead of his peers and always comes through. So while they may be getting beaten down for what ever reason. It is not due to fundamentals. I am starting to seriously believe that there is a huge trick being pulled on the market as a whole right now. I look around and it seems that all the companies with no future are being hyped to all extremes yet the most promising and time proven earnings growers are laying low. I think the smart money is quietly aquiring cheap shares of the good and getting out of the bad at higher prices in preparation for the later bearish market. BWTHDIK Lee