KANA - undiscovered Internet Company! Message Board

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Microcap & Penny Stocks : KANA - undiscovered Internet Company!

KKRS 17.34

-0.3%

Dec 22 3:59 PM EST

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To: Robert L. Walker who wrote (1027)	4/22/1999 10:25:00 AM
From: Charles Kalb	Read Replies (2) of 1268

Maybe this is selling by the last of the speculators who got in over the last month only for the potential runup up to the webcast. Many, myself included, probably thought KANA could break through 4.00 prior to the webcast. KANA stalled at 3.00. The low of 2.00 reached so far this morning is a classic 50% retracement between the recent low of 1.00 in March and the high of 3. I'm encouraged that KANA seems to be holding at about 2 right now. If it breaks below 2 the next significant level is a 61.8% Fibonacci retracement at 1.76. After that, a 66.7% retracement at 1.67. I'm holding. Charles

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