The Amateur Traders Corner Message Board

To: Tom Hua who wrote (2891)	11/4/2000 10:10:19 AM
From: Glenn Duncan	Read Replies (1) of 19633

Tom, First of all, thanks for hosting a great thread. I thoroughly enjoy the honest discussions. Thanks too for posting your internet watch list. I have a recently established a position in KANA-happy to see it on the list. I'm in for an average of 22. For the 9 mos. ending 9/30 revenues were up 909%. That is what impressed me. In addition the partnerships they have established look impressive- IBM most recently. I don't believe we have seen the results of that yet, but I'm looking forward to some positive developments. What I don't quite understand is the service portion of their revenue and cost of revenue. It appears to ba a wash with no gross margin. Service revenue is growing 1581% and cost is growing 780%, perhaps the revenue will soon out grow the associated costs to show some margin there???However with total revenue growing at 909%, I am hoping they can turn an operating profit in 2001. The blended GM seems to be 57% due to the license portion of the business. Well, I hope I didn't ramble too much, but it is Saturday morning and I'm delaying cutting the lawn. Thanks again and good investing, G