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Microcap & Penny Stocks : Centura Software Corporation (NASDAQ:CNTR)
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To: null who wrote ()11/13/1996 9:23:00 AM
From: David Richardson   of 2428
 
Thank you for the great post. Let's hope that you are right. Two small points that you make that are somewhat misleading involve the number of shareholders and the fact that Bruce Scott owns 10%+ of the shares. The 300 shareholders that you cite do not include all of the shareholders that own it with a brokerage house in street name. I personally know more than 10 shareholders in the Boston area who own it with Fidelity in street name. I bet the actual number of shareholders is closer to 2,000. And about Bruce Scott, he left Oracle with Umang Gupta to form Gupta Corporation, so his shares are as a founder of the corporation, not because he sees Centura as a good prospect *now*.
IMHO, we will see what kind of investment CNTR is early next year once fourth quarter earnings (traditionally the company's best) come out.

Best regards.
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