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Technology Stocks : Centennial Tech (CTN) A Winner?

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To: Gene Byrne who wrote ()6/15/1996 1:01:00 PM
From: Stephen Adnan   of 29
 
Gene, I have been invested in this stock for about six (6) months. I was flying to Central America and the gentleman in the seat next to me was raving about CTN and its growth potential. He assured me CTN would double by December, 96. Of course, I didn't believe a word he said - however, I did some research and obtained their investors relations kit and was overwhelmed. Montgomery security has a buy rating on CTN (or at least it did when I recevied the inverstor's relations kit) and expects earnings to approach $1.00 for fy97 - this is on $60,000,000 in total revenue. CTN has issued so many recent press releases that its April release which indicates that March,96 revenue/income was triple that of March, 95 is gone from the wsj briefing book. (I will post more detailed financial info in next post)

Mongomery states that the PCMCIA card market will grow over 50% per year through 2000. CTN is a leading player as it sell its cards directly to OEMs.

I contemplated starting a CTN thread before; yet I didn't think anyone else was interested as CTN didn't have the cache of AMTX/WEST/OCCF and I often wondered if many SI investors even bothered to review non-NASDAQ strocks..

I think CTN is a great company with excellent long term growth. If you haven' t already, I strongly you urge to obtain an investors relations kit from the co.

Steve
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