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Technology Stocks : GNTIY(GENTIA )

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To: Bill Barry who wrote (6)11/3/1998 3:07:00 PM
From: Bill Barry   of 7
 
Today's price jump on high volume looks encouraging. Below is a summary of some positive news that I'm aware of re Gentia. Anyone have any insight into this stock, or am I the only one on this board still following this?
thanks
Bill
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In the past few weeks there have been 3 Gentia Press Releases, that I think add up to a strong net positive of news re Gentia. The full press releases are still available to this discussion list, but I'll summarize my reading of them below.

1.) Gentia's most recent quarter reported a net loss of $1.5 M. The better news is that they are growing revenues. This is their 3rd consecutive quarter of growth of revenue, and their 3rd consecutive quarter of decreasing losses. A couple of investment sources I've checked predict Gentia to acheive net profits at the end of the current (ends Jan 1) Quarter. (however not too many analysts seem to track Gentia so this is an opinion of a small number of analysts) Some of all that can be seen graphically at nasdaq.com;

Their unaudited balance sheet, also still seems to have a strong current assets position of $25M (although a growing amount of that is in receivables unlike past balance sheets which showed stronger cash positions relative to receivables)

2.) Gartner Group has endorsed gentia's Balanced Scorecard and there will be joint marketing of the Balance Scorecard with a similar Gartner Group Application -- to be sold by both companies. This is a "big name" endorsement for Gentia.

3.) Gentia has signed an agreement for consulting partnership with Grant Thornton "one of the world's largest accounting and management consulting organizations. With more than 18,500 partners and staff and 550 offices in 90 countries" I don't know much about Grant Thornton, but this certainly sounds like a large partner.
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