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Technology Stocks : Centennial Technologies (CTN)

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To: Tom Rowley who wrote (174)1/27/1997 3:23:00 PM
From: Stephen Adnan   of 1959
 
Tom --- there's still hope. Actually lots of it.

I am sure that I am stating the obvious to many here, but recent downturn in price is the result of momentum players and not the companies future.

After I posted my last message, I casually picked up the phone to dial my broker and put a buy order in at $28 and 3/8ish. Everytime we put in a trade - as my broker repeated my order back to me, she would indicate that the bid/ask had moved up.

This happened FIVE TIMES up to $29 AND 3/4.

I don't care how much this stock is dropping today, someone is buying at these prices.

I hope this means we hit bottom. Time will tell. But CTN is, I believe, still alive and prepared to advance (with shorts in tail) on any positive news.

Stay strong as it will advance as fast (or faster than) this recent decline.

No matter what, I have NEVER lost faith in management (CEO Pinez)

Stephen
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