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To: RSkarsten who wrote (818)1/28/1999 11:11:00 AM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 939
 
KANA looks great this morning Ron. Although it has pulled back from the high of the day. The lesson to be learned here is that it's important to pick up your shares in the quiet periods between news releases where selling is often greater than buying.

RDIM is a good example. Many of us had hoped we would see the demo site online by now but it is not yet ready. So the stock which ran over ninety cents last Friday has pulled back a bit. Now, while we wait for news is when investors should add to their positions or initiate a new one. This works for any stock much better than buying into the frenzy that surrounds a news release.

On KANA I would suspect that the stock will pull back a bit more unless more news comes out soon.

Regards, Jeff



To: RSkarsten who wrote (818)1/28/1999 10:07:00 PM
From: Jeffrey L. Henken  Read Replies (2) | Respond to of 939
 
Russ, please accept my apology for calling you Ron. KANA is exactly the kind of stock we are looking for here on this thread. The only issue is timing. A month ago KANA told the world good things were coming:

Kanakaris Live Webcast To Make 1999 Internet Business Launch Announcement

COSTA MESA, Calif.--(BUSINESS WIRE)--Dec. 29, 1998--Kanakaris Communications Inc. (OTC BB:KANA - news) will make a 1999 Internet business launch announcement in a live 30 minute Webcast on Wednesday, Jan. 27, 1999, at 11 a.m. PST, 2 p.m. EST.


Investors ignored that press release for a week or more and investors could have bought shares really cheap:

dailystocks.net

Then the stock started to move as the news was anticipated and finally huge buying when it happened followed by the pullback:

quote.yahoo.com

Lets try to find these before they run!

Regards, Jeff