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Microcap & Penny Stocks : A Wall Street West Newswire Discussion Board

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To: MakeAFuss who wrote (64)7/17/1998 10:25:00 AM
From: TigWelder  Read Replies (4) of 456
 
It seems to me Yvonne and JC are really worried that KANA won't go back up. Yvonne keeps telling everyone to check it out it's going to 2 bucks, but then she sounds very concerned about it not going back to 2 bucks....Yvonne and JC, I see your new to investing, or at least JC is. Hey, just look at it this way 'It's only money' I have recently purchased some of KANA, so I am a shareholder.

MakaFuss, I'm just curious as to why you bought this stock in the first place if you had no faith in it. Did you buy without doing your DD???? I hope we all see 2 bucks some day, but be prepared to hold on for a while.

A question for Daryn...Daryn, why did you put this stock out as a potential buy? If you could please post the facts here again, so maybe it will reassure some of these people why they bought in the first place.

The 504 may have been needed to get more operating cash, that's ok if it is used properly. Look at TSIG, they have over 30 Mil shares in their float and it traded over 6 Mil shares yesterday. A 4.5 Mil float is not that bad. The company was basically in a no win situation with the 504, if they would have told the shareholders, the price would have dropped, if they didn't tell us, the price would have dropped when we found out. I personally feel they should have informed the investors of why it took place and their plans for the money.

I also see that KANA has alliances with AOL and some other companies, these are pretty good alliances if you ask me. If KANA gets their stuff together, then we will be ok and even better. For all the people pissing and moaning about this company, my question is why did you buy in the first place??? That is all I have to say...:)
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