Centura Software Corporation (NASDAQ:CNTR) Message Board

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Microcap & Penny Stocks : Centura Software Corporation (NASDAQ:CNTR)

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To: null who wrote (31)	11/23/1996 10:13:00 PM
From: Walt Corey	of 2428

As much as I hate to admit it, I've done no TA on CNTR. Well, no programmatic TA. I would guess, the same as most of you, that CNTR trades between 3 and 8. I wouldnt hold out for CA or MSFT to buy them any more than I expect Martians to land soon. But, having said that, if the stock starts to rise for no apparent reason then CA is a distinct possibility. At anyrate, software companies generally do best in the 3rd and particularly 4th quarters. So if one picks it up below 3 1/2 and it rises to only 7 thats still 100% profit - commissions. Not a bad couple of months investment. Back to TA, in order to really feel confident you've spotted a significant trend/cycle/behavior to a stock you really need atleast 2 years worth of data. I do not have 2 years so its not solid, but I would say near term 5 is real likely. No science above, just educated guess work. Walt

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