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

To: Lee Lichterman III who wrote (987)	2/11/1999 9:23:00 AM
From: Mark T. Heath	Respond to of 1316

I didn't state that the code specialists were responsible for the spreadsheet error. Not sure why you think I said that. I thought I was clear in that the error had to come from accounting. Still, the whole thing is quite humorous to me if you thing about it and take the money out of the issue. I got the impression from you and your previous posts that you traded on technical trends. If you buy this morning, it can't be based on anything technical. It would strictly be bottom fishing and the belief that at the current prices the stock offers some value. I went back and looked at a two year chart and the only support line I can find is all the way down at $15. I don't see the stock falling that far. Still looking at $21 IMHO. An irrational market will do funny things.

To: Lee Lichterman III who wrote (987)	2/18/1999 10:26:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 1316

biz.yahoo.com Thursday February 18, 8:59 am Eastern Time Company Press Release SOURCE: Keane, Inc. Keane Wins Five-Year Application Outsourcing Contract With SUPERVALU INC. Keane Also Awarded Application Development Work as Part of SUPERVALU Engagement BOSTON, Feb. 18 /PRNewswire/ -- Leading Information Technology (IT) consulting firm Keane, Inc. (Amex: KEA - news) today announced it has signed a five- year, multi-million dollar application outsourcing contract with Minneapolis- based food distributor and retailer SUPERVALU INC. to manage and support several critical business systems. In addition to this engagement, Keane will assist in the development of new applications in support of the company's strategic direction. Keane's Minneapolis branch office team will manage both engagements. Under the contract, Keane will assume responsibility for providing production applications support, applications maintenance, enhancements, and 24-hour problem support for several SUPERVALU core business systems. ''SUPERVALU was seeking a partner with proven success in managing large application support outsourcing engagements,'' said Pamela K. Knous, executive vice president and chief financial officer for SUPERVALU. ''Keane was selected because of its expertise in managing mission critical systems with solid performance measures, its proven project management track record, and its ability to attract and retain highly qualified staff. Having a supplier that can provide both maintenance and new development expertise was an important factor in our selection process. Additionally, retaining Keane will position SUPERVALU to redeploy key staff resources to strategic projects.'' Keane will apply its application management solution, which incorporates project management processes, performance metrics and process improvement procedures, to ensure a transparent transition of maintenance and support activities from SUPERVALU to Keane. ''Keane is pleased to be partnering with SUPERVALU on this critical engagement,'' said Tim Boehm, area manager for Keane's Minneapolis office. ''SUPERVALU realizes the benefits of joining with a supplier that can provide best of breed solutions in both application development and application support outsourcing. We are delighted to have the opportunity to grow our relationship with an organization as progressive as SUPERVALU.'' Headquartered in Minneapolis, Minnesota, SUPERVALU is the nation's largest food distributor to supermarkets and the 11th largest food retailer in the country. The company is the primary supplier to approximately 3,100 stores and a partial supplier to approximately 1,300 stores in 48 states. SUPERVALU also serves over 755 limited assortment stores through its Save-A-Lot operations, and 330 food retail stores principally under the names Cub Foods, Shop 'n Save, Save-A-Lot, bigg's, Scott's Foods, Laneco and Hornbachers. Headquartered in Boston, Massachusetts, Keane, Inc. is a $1 billion firm that helps companies plan, build and manage application software to achieve business advantage. Keane does this by adhering to rigorous process and management disciplines and performance metrics incorporated in its six core IT solutions. Keane's world-class services include operations improvement and IT consulting, application development, application outsourcing, Year 2000 compliance, help desk outsourcing, and enterprise healthcare solutions. These service offerings are delivered through a network of more than 45 branch offices in North America and the United Kingdom. Information about Keane, which was named the Wall Street Journal's Best 10-Year Stock Performer in 1998, is available via the Internet's World Wide Web at keane.com. This release contains a number of forward-looking statements concerning the company's current expectations as to future growth. Actual results may differ materially depending on the various factors set forth under the caption ''Certain Factors That May Affect Future Results'' in the company's annual report or Form 10-K for the year ended December 31, 1997, which important factors are incorporated herein by reference. Such factors include the ability of SUPERVALU under certain circumstances to cancel its contract with Keane, the ability of Keane to perform services for SUPERVALU in an effective manner, changes in business conditions, the successful completion of software development or management projects, the availability of professional staff and various factors which involve risk and uncertainty. SOURCE: Keane, Inc