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   Microcap & Penny StocksKANA - undiscovered Internet Company!


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To: JC Reddy who wrote (249)7/6/1998 4:58:00 PM
From: Lance
   of 1268
 
Please be sure to keep us informed! I'm an eager shareholder & KANA doesn't look so hot in my portfolio. I'm long & look forward to the bright & prosperous future. The past month hasn't been so hot, but I'm looking forward to the upside potential of KANA. I'm holding tight and waiting until we fly!

Race

Go KANA

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To: Lance who wrote (250)7/6/1998 5:53:00 PM
From: yvonne whittington
   of 1268
 
pwhitt- i read a message on www.wallstreetwest.com where another newsletter has KANA as buy. don't know the letters name. i bought kana last week are they any hope for it to go up. ha fill me in on news if you don't mind i don't know much about kana. thanks

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To: JC Reddy who wrote (249)7/6/1998 7:40:00 PM
From: JC Reddy
   of 1268
 
Alex Kanakaris (CEO of KANA) called me back today. He assured
me that things are shaping up good and as planned. They are planning
to make a press release by the end of the week addressing some
questions concerning the 504 placement which partially contributed
to the price drop in recent weeks. I believe it will include details
as to how much capital was raised, how many shares were issued,
and how they are using the capital, and so on.

Another important thing - they expect to become blue-skied by
next Monday in about 40 states (that allows brokers to recommend
the stock, etc) - which I think is going to help the stock quite
a bit.

He also mentioned to me that there are some acquisitions under
works which might happen sometime soon. I think all the 504
placement capital is going to be used for these acquisitions.

After talking to Alex@KANA, Prima, and KeyTrade.com, I am
more assured now. I will hold onto KANA for a long time.


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To: JC Reddy who wrote (252)7/7/1998 12:28:00 AM
From: Andrew H
   of 1268
 
>>Another important thing - they expect to become blue-skied by
next Monday in about 40 states (that allows brokers to recommend
the stock, etc) - which I think is going to help the stock quite
a bit.<<

Glad you got to talk with him and relayed the info back to the thread. Hope others will call him as well. The blue sky regulations will help but many brokers will not buy or recommend until the stock price is over $1 so the company needs to get to work.


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To: Andrew H who wrote (253)7/7/1998 1:22:00 AM
From: JC Reddy
   of 1268
 
I think it will reach $1 quite soon, especially if the company
has some good things coming up. There was no reason for the
stock to drop in the last few weeks like the way it did.

Let's hope we will reach $1 soon and much more on coming
weeks/months. I personally think $0.42/share will be history.


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To: JC Reddy who wrote (254)7/7/1998 8:47:00 AM
From: Lance
   of 1268
 
I feel the same, hold tight and enjoy the ride up! KANA will recover, be sure to keep your faith......I for one know it's hard at these low levels! Go KANA......

Race

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To: JC Reddy who wrote (252)7/7/1998 11:16:00 AM
From: yvonne whittington
   of 1268
 
J.C , thanks for the good post. maybe you keep us posted on kana. i believe it will work out o.k. anoher newsletter is checking on kana. Are they going to be blue skied for sure. thanks

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To: yvonne whittington who wrote (256)7/7/1998 12:02:00 PM
From: JC Reddy
   of 1268
 
That's what Alex told me. They are pretty sure they are going
blue skied in 40 out of 50 states by next monday.

This thing will certainly go up. Buy more if you can and
just hold.

- JC

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To: JC Reddy who wrote (257)7/7/1998 12:23:00 PM
From: yvonne whittington
   of 1268
 
lord, i have a arm load now. most in the .50-.60 range. what other stocks do you follow if you don't mind. sure hope they aren't like kana. ha

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To: yvonne whittington who wrote (258)7/7/1998 1:20:00 PM
From: JC Reddy
   of 1268
 
I have a buy order sitting at 0.38 for the last 3 hours
which still hasn't gotten filled. Note that the bid is
0.34 and the ask is 0.43 (wide spread). They don't raise
the bid, nevertheless.

Well, all I can say is that the selling is done and
the buying is starting. Hold on and you will be rewarded.

- JC

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