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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?


To: Frank who wrote (184)5/24/2001 7:35:33 PM
From: Jenna  Read Replies (1) | Respond to of 1227
 
KANA upside earnings preannouncement. Short hats have to be changed sometimes to survive these markets. Strategies change to accomodate to changing market climates, you have to change with the climate. Too many traders try to structure the market according to antiquated strategies and that never works. By getting ideas from the various threads, you can learn to mold the strategy that best fits this market. I can also recommend a book by Edwards and Mgee... Technical Analysis of Stock Trends and Peter Lynch Beating the Streets. Mr. Lynch will never be outdated not like some traders today. My last recommendation is INVESTING SMART by Dhun H. Sethna.

Kana/Broadbase release projections (KANA, BBSW) by Jason Margolis
Kana Communications (KANA) and Broadbase Software (BBSW) provided financial expectations for their expected merger, which was announced April 9. The combined revenue is expected to be $152 million for the calendar year, while second-quarter revenue should be $35 million. The combined entity is expecting second-quarter pro forma earnings of 9 cents a share. The two companies manufacture customer management software. Shares of Kana closed off 4 cents at $2.11 and Broadbase shares fell a penny to close at $2.09.