Future growth stocks of 1997 Message Board

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Technology Stocks : Future growth stocks of 1997

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To: MENSO who wrote (343)	1/31/1997 2:22:00 AM
From: Paul Schmidt	of 391

Leo, CNTR's balance sheet is very weak. Down to 8 million in cash. Liabilities are 17 million more than assets. Sales are down from last year. What do you see in this company? This doesn't even qualify as hype, it is just a struggling company trying to stay above water. I can't believe you are throwing money into this thing. This is not a company that is growing at a rate of 50% a year which is what Dan was looking for. You get what you pay for. I hope it works out for you but I will stick to fast growing companies with lots of cash, at least a 2-to-1 ratio of assets to liabilites and little long-term debt. Believe me there are a lot of them and there is a good reason why they are not selling at $5 a share. I would just forget about CNTR and pick up CSCC on sale. This is a rare opportunity to pick it up for $40. Good luck.

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