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To: Michael E. Baldino who wrote (17619)3/20/2001 11:13:26 PM
From: Jeff  Read Replies (1) | Respond to of 19297
 
mike.....i don't know why you are trying to bottom feed in a bear market with the nasdaq sitting on the edge of a cliff.....

i think you missed my post the other day about the 5 dollar stock...roll!

anyway.....i know nothing of KANA......but looking at the chart......it could be in deep trouble......the stock is near its low.....BUT the stoch is not as oversold yet as it could get.....in other words look at the stoch.....its starting to crossover to the downside.....and theres still room on the downside...remember the stoch can go to 0......and if that 1 15/16 low breaks......you are looking at a penny stock......don't think it cant happen...look at all the folks who thought PSIX was a great buy at 2 bucks.....

bigcharts.com

mike......the stock needs a pump job real quick......if it gets one i suggest you get out and revisit it after april 15th......



To: Michael E. Baldino who wrote (17619)3/21/2001 8:42:24 AM
From: ChrisJP  Respond to of 19297
 
Hi Mike, KANA is a stock I keep track of .....

As someone who traded it in the $50 - $60 range, then the $20 range, then the $12 range ... its absolutely amazing that its trading down at these levels. Who would have guessed it ? Not me. I saw the director's insider buys, which are encouraging.

Besides the overall market, I'm still using MSFT as a sign post. From this chart, notice how during the brief rally no one was interested in paying more than its 20 dEMA or its 50 SMA or whatever.

bigcharts.com

quote.yahoo.com

That kind of bothers me. I'm going to wait a little while longer to see what IBM and MSFT do. I think they will give us a hint at the severity of the slowdown and when recovery might possibly start to happen. The other day, Jeff mentioned to 10 dMA and 20dMA lines as an early indicator for technical strength. For a big stocks like MSFT or CSCO, I've been glancing at the 50 dMA vs. the 200 dMA too. No reason to even look at them every day given current market conditions. :-0

We all have our "lists". KANA. DIGL, CLRN, EMC, NTAP, GWRX, OTWO .... I think profitability is gonna be important for a little while longer.

Regards,
Chris



To: Michael E. Baldino who wrote (17619)3/21/2001 1:52:13 PM
From: Skycat  Read Replies (1) | Respond to of 19297
 
Falling knives, bottomless pits, tunnel to hell.....sounds like a great ride for a Wall Street Theme Park...LOL... who knows what the 'shelf life' would be on KANA....not many seem to have a lot of preservatives lately...LOL. Here's another one, ESPI - it hit its 52 week low today, good web site, good PR's, good product....now..how low can she go??? LOL

espire.net



To: Michael E. Baldino who wrote (17619)4/2/2001 5:07:44 PM
From: Jeff  Read Replies (2) | Respond to of 19297
 
mike.....i think KANA was around 2.12 when i made this post to you.....

Message 15537541

theres a valuable lesson in that post about when a stock makes a new low......and watching the stoch cross over negative.....and even if the stoch is oversold.....it can stay oversold for a long time.....and the price can still fall.....