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  • LMcKenna LMcKenna Jul 1, 2003 3:45 PM Flag

    Rise...I command thee...rise!

    I already own it...and had last bought again at 5.85 about a month or so ago.

    I would probably bet the farm (or most of it) on VCLK whence it was in the 5's, but I've learned that diversification is a real good thing...just in case something bad happens to your one BIG holding.

    I'll be content with building my riches again slowly, with several stocks, rather than one primary one.

    Just need to pick/hold a "diamond in the rough" every so often...HTEI was my last one (took two years to pay off, and it paid off very well). Now it's VCLK, along with KANA (rebought on recent downturn), TYL (still very undervalued), and TFSM (okay, I'm really dreaming on TFSM, but it's just soooo cheap).

    and yes, I will post my earlier message more often...but not every day. That get's old, real fast.

    Go VCLK...To the nine's...

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    • Hi Mckenna....gotta say I respect your do the work that I am learning to do. Thank the good lord TFSM stopped dumping ...aaarrgh...(in at l.22), but what really floors me is Kana...why did you buy that... seems to have taken a dump that makes TFSM look solid. if you are so inclined to share....the other ticker came up as none... I love vclk too...Have even made a couple of prosperous ins and outs..( and one pending. As the prior message said, list the command frequently.... Do rain dances too. All we need is one GOOD market day and we will go........,Hope tomorrow is it...good luck to us all.

      • 1 Reply to goin4thegoldin03
      • I got into KANA earlier this year, for around $3, and sold out at $4+ one month later (quick 35% gain!). Put in a buy back in the low 3's, and would ride the roller coaster up and down. Then I watched as it climbed to the 6's! Ouch...well, made some real fast money. Well, my order was executed last week, so I'm back in.

        KANA makes CRM (Customer Relationship Management) software, and that's good software for big companies. They've been down, and bleeding money recently (and their recent decline was due to continued losses). But they are hoping/expecting to turn the corner to profitability this year. If so, you want in BEFORE everyone else. I didn't buy back into it in the 5's (after selling at 4) like I did with VCLK...KANA has debt, and only some cash ($1+/sh me thinks). So, it isn't as much of a value stock (e.g. large cash horde) as VCLK.

        But look at PSFT lately. They bought up JDEdwards, and ORCL is trying to buy PSFT. Along with SAP, these are the big boys in the CRM market...and KANA, is a small player, but with an outstanding product. If someone wanted to get into the market on the cheap, KANA is the target. Buying around high 2's and low 3's, doesn't really have a downside...unless it just continues to bleed money (which I'm banking on won't happen). This type of software helps big companies manage their support costs...ergo saves companies money by being more efficient.

        If KANA does turn profitable, cha ching!

        If they APPEAR to turn profitable or someone takes an interest in them (e.g. CA, MSFT, et al), cha ching.

        Low cost play...I like cheap stocks. Limited downside risk, but if they turn themselves around, big percentage winners. This is what I got with HTEI over two years ago (cashed out this Feb. when they were bought out). VCLK is another low cost play (well, WAS a low cost play in the 2's and 3's).

        I have one more "gamble", and that is QSND.

        I pumped HTEI to everyone years ago...I FIRMLY believed in it, and its future. I'm not as sure on KANA, QSND, TFSM, and not even VCLK (however, VCLK is my favorite of the bunch, and buying at $3 I did recommend it strongly to folks). Now VCLK is like other stocks, just as much up as down must perform and be profitable QUICKLY otherwise down we shall go to $3.00 again.

        My only STRONG RECOMMENDATION that I FIRMLY stand behind right now is NOK. Back in the 16's, this stock can get to mid 20's within a year. Lots of cash, no debt, #1 in market share (and increasing its lead each year), and China/India markets both opening up (that's 2B+ people).

        Okay, that's my talk for the day.

        Go VCLK...