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Microcap & Penny Stocks : KANA - undiscovered Internet Company! -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (31)	5/22/1998 2:09:00 PM
From: BRIAN	Respond to of 1268

Friday May 22, 1:44 pm Eastern Time Company Press Release SOURCE: Kanakaris Communications, Inc. Wall Street West Issues Research Report on Kanakaris Communications, Inc. MALIBU, Calif., May 20 /PRNewswire/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KANA - news) announced today that a research report has been issued by Wall Street West Communications, LLC, a Denver, Colorado based stock research firm. The research report profiles Kanakaris as a solid buy in the $5 to $6 area. Daryn P. Fleming, President of Wall Street West, stated ''Internet companies have been known to trade at 200 times earnings. With $.11 earnings projections for 1998, this puts KANA at $22 per share.'' A principal business focus of KANA is Internet activities such as the design and hosting of websites, and Internet commerce. The InternetWorks division produces cutting-edge Internet content, online products and commerce. The Desience division designs and manufactures the OPCON modular command center which encloses and organizes complex computer systems. Since 1985, Desience has provided OPCON modules for the FBI, US Treasury, US Army, US Navy, US Secret Service, and IRS. Corporate clients include ''Fortune 500'' companies like AT&T, Coca-Cola, Ford, EDS, MCI, Metropolitan Life, etc. The KANA research report can be accessed on the World Wide Web at www.wallstreetwest.com/Kanaresrep.html. A copy can be obtained by calling 1-888-666-7444. In a separate announcement, Kanakaris Communications Inc. reported that due to a mistake in their issuance, Kanakaris Communications, Inc. certificate numbers 209, 210 and 226 have been canceled. Brokers and the public are advised that these certificates and invalid and that Alpha Tech Stock Transfer, the company's transfer agent, should be contacted if these certificates are presented for transfer.. Kanakaris Communications, Inc. (www.kanakaris.com, www.NetBooks.com, www.3rdM.com) is based in Malibu, California, phone 310-589-2767, fax 310-589-2632, eMail info@kanakaris.com SOURCE: Kanakaris Communications, Inc. ------------------------------------------------------------------------ More Quotes and News:Kanakaris Communications Inc (OTC BB:KANA - news)Related News Categories: computers, internet, telecom