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To: Lizzie Tudor who wrote (9923)11/22/2002 5:25:46 PM
From: D.B. Cooper  Read Replies (1) | Respond to of 13815
 
So you think companies like KANA can come back from the dead?



To: Lizzie Tudor who wrote (9923)11/23/2002 10:58:42 AM
From: im a survivor  Respond to of 13815
 
<<lots of really great companies became penny stocks in this bear... thats the fallacy for those that say the run is almost over because the "crap" aka pennies are running
Lots of software are penny stocks and many under 5$... the majority now >>

Exactly...and alot of it is still crap and shouldn't be touched, but plenty of stuff got beaten down, like you said, to under $5 or to the pennies....and frankly, some of my best returns the last few months...the high% returns, came from some of these very stocks....and I would only categorize 1 or 2 of them as "lottery" plays....the rest have serious potential....ATML, EXTR, JNPR, NXTL and etc....all provided 100+% - 400%, and I have some others that have gone up 800+%...and whats funny is alot of them are much higher now.....in this market, after buying the last massacre, and then after a nice 2 month rally, I sold a bunch of stuff for excellent returns....only to watch things continue higher....still have cash...and still ready to buy if we do get whacked.....