Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (8821)	5/22/2001 2:17:07 PM
From: Jibacoa	Read Replies (1) of 13094

JIM: KANA: Is up 22% today. They reported a 100% increase in revenues, but an staggering increase in their net loss, albeit they claimed it was due to "non-cash charges".<g> "For the three months ended 3/31/01, revenues totaled $24.2 million, up from $10.7 million. Net loss totaled $752.9 million, up from $14.4 million. Results reflect the addition of new customers, offset by non-cash charges." Yesterday they reported a deal with Sony: REDWOOD CITY, Calif., May 21 /PRNewswire/ -- Sony Online Entertainment has dramatically improved customer service using technology from Kana Communications, Inc. (Nasdaq: KANA - news) to strengthen relationships with its 10 million online entertainment consumers. With Kana's Web-architected enterprise relationship management (eRM) technology, Sony Online Entertainment agents now respond to customer queries in less than 24 hours. I have been reluctant to try to take any part on the action due to they reported loss.<g> siliconinvestor.com What do you think ? RAGL Bernard

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