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Pastimes : Cafe Blitz

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To: delnig who wrote (285)10/6/1998 1:09:00 PM
From: Blitz  Read Replies (1) of 293
 
Did anyone see the spectacular action on FGRX?

I was at work watching the RT news thread,
(that's how I caught XYBR at $2.50)
I saw some news about a signed letter of intent,
as I always click on those out of curiosity,
I click, read the news, check the symbol...
It closed at .045 on Friday, and opened at .10 yesterday
on the excellent news. I had to leave to go to a client site,
I come back, and see it went from .10 to .875, almost 900%
in about an HOUR!

Supposedly, the company has published its financial information in Standard and Poor's Corporate Records, with a $2.93 per share book value, I haven't confirmed this, but the stock has traded as high as $3.625 this year.

Also, they just got a recommitment for a $10 million line of credit from one of their backers.

I am still holding it, as they intend to close the deal this
Thursday, and things should get better and better from there...IMO

Anyone wanting more info:
Baron-Marney Capital, Ltd.
1-800-680-4744
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P.S. Also, I got into KANA on Fri., they just signed a deal with Xybernaut, XYBR has chosen KANA to do their website,
and are also in preliminary discussions regarding a potential strategic alliance! KANA has a 52-wk high of $4+.

Here is an excerpt from the SI profile:
"I am starting this thread to discuss Kanakaris Communications, Inc. This is a profitable Internet services/computer solutions company. KANA has Been around for 25 years. It is a classic undiscovered stock."

Good Luck to all!
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