Kana Communications Inc - (KANA) Message Board

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Technology Stocks : Kana Communications Inc - (KANA)

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To: Mary Baker who wrote (247)	3/8/2000 5:11:00 PM
From: Ted Resnick	Read Replies (1) of 369

Great movement today! Continuing to hold. I would guess today's rise can be attributed to Wit coverage plus the fact that kana was supposed to talk today at the Chase H&Q plaNET.wall.street conference. Coverage from the street.com: thestreet.com Perks Come With a Price While the slope-side venue of the Chase H&Q plaNET.wall.street conference is a major draw for the event, it can be a hindrance as well. Investors lined up to hear Kana Communications (KANA:Nasdaq - news - boards), the San Mateo, Calif.-based provider of email management services, give its presentation this morning. Instead, they got an empty conference room and a little extra time to call into the office and return email. As a late winter storm pummeled the Cliff Lodge and surrounding slopes with snow, Chase H&Q representatives said they hadn't been able to get in touch with Kana, suggesting the company's absence might be weather-related. Kana representatives could not be reached for comment. Investors didn't seem to hold the no-show against the company, though. Shares of Kana traded at midday up 9 1/2 to 145 1/2 after Wit Soundview initiated coverage of the stock this morning with a buy and 200 price target.

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