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Technology Stocks : Centennial Technologies (CTN)

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To: John Lane who wrote (181)1/28/1997 1:53:00 PM
From: grace   of 1959
 
CTN went thru intensive sell-off for last several days.
Sell-off might be close to end unless earning is screwed up. Cabot recommended stocks never have disappointed earning. CTN earning has been in line or 1 cent better than expectation for last four quarters. I do not expect the earning surprise. As long as it is in line, CTN will quickly moves back to 40 because it already depressed enough due to unfounded rumor.

CTN, triple growth company, does not have any fundamental change as mentioned by CEO, and FanancialWorld rumor dragged down too much.
Currently, we are moving toward 34.

As of Jan 25, no recommendation change was made in Zack's; one analyst follows CTN, and gave a strong buy. Well, I am counting a short squeeze which may happen right after earning release as long as the earing is O.K.

Good Luck
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