SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Keane The leading y2k service provider -- Ignore unavailable to you. Want to Upgrade?


To: Guerrilla who wrote (1045)3/4/1999 9:10:00 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 1316
 
>>perhaps it's time to add to holdings.<<

Depends on your expectations. I would rather own KEA at PE 21 than DELL at its rating despite their shareholders being in denial and buying the dips. However Where the bottom in KEA is is anyone's guess. CHRZ has dropped to a PE of 9 on earnings that are slightly abover KEA's. This sector is confusing since CA and CSC is still in the 30-50 PE range, CPWR is also still up there but starting to fall like KEA did last summer. Will KEA stop here in the 20 PE area or keep dropping until it is down with CHRZ?

I won't get a class one buy signal on KEA until it drops a lot lower. I plugged in some hypothetical numbers last night and I don't even get a class 3 (weak) buy signal until we break below 28 1/2. I am just watching and waiting right now but I will probably start to nibble soon in my kids education IRA fairly soon since they have 16 years to wait for the truth to show itself. As for my option account, I am in no rush yet.

Lee