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

To: JC Reddy who wrote (270)	7/7/1998 4:59:00 PM
From: Gator	Respond to of 1268

JCReady, I sold at $0.50 (luckily I sold a few at $1 a while back so I didn't lose too terribly much, bought in at 7/8). I sold because the price was deteriorating in the face of good news, which didn't make sense. Now we know it was because of a private placement that they literally kept quiet. Not a very nice thing to do to your loyal shareholders. And try as I might, I can't fight the trend. Now I can pick some up at 3/8, possibly lower if the trend continues. I won't buy in until I see a reversal of the trend. Hope that answers your question. Gator

To: JC Reddy who wrote (270)	7/7/1998 5:21:00 PM
From: JC Reddy	Read Replies (1) \| Respond to of 1268

I am thinking there are many like you who sold their positions to pick up later when the price stabilizes. If I am right, the it will really go up when KANA shows some strength. I am mad too at KANA for having done what they have done (504 placement). But I am hoping they will have reasonable investment plans for spending the proceeds of the 504. As I said I was very insistent on getting the details of 504 placement. All said and done, I certainly hope the sells are over. - JC