Kana Communications Inc - (KANA) Message Board

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Technology Stocks : Kana Communications Inc - (KANA)

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To: lee west who wrote (289)	9/6/2000 10:44:53 PM
From: Toby Zidle	of 369

What does it matter if Yahoo has KANA's Book Value and Cash right or not? Tech stocks NEVER trade on book value. They trade on future growth, optimism, and greed. What's book value if a company makes two major acquisitions a year and a half-dozen itsy private-company buys? If you want companies that have meaningful book values look at GM, Safeway, or MD Utilities. If you watch tech stocks, eliminate book value from your vocabulary. Analyzing Book Value will keep you out of the stocks with the strongest growth potential.

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