SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Mbrane (NASDAQ: MBRN) - An enterprise solution? -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (371)11/12/1999 7:14:00 AM
From: Veiko Herne  Read Replies (1) | Respond to of 1238
 
Hi Max

There has been Linux press releases before and nothing happened. Even NAVY contract release was not moving the stock. There must be something else behind this move.

Veiko



To: LTK007 who wrote (371)11/12/1999 7:23:00 AM
From: Veiko Herne  Respond to of 1238
 
The ride will continue. From todays Analystgroup newsletter:
Past time, when Analystgroup mentioned it, stock was making 100% gain to $3,5 for only this reason.
------------------------------------------
Centura Software Corp. (Nasdaq: CNTR): The stock rose $1 or 9% to finish at $1 1/8 with extreme heavy trading. Over 7.56 million shares, over 30 times its 3-month daily average, were changed hands. After the closed,
the stock was traded as high as $2 1/2. The stock will test $3 tomorrow.

The stock has been traded as low as $9/16 and as high as $1 5/16 since we profiled the stock at $1 in April. However, a good company with solid fundamentals always comes back big. On November 9, the company announced that it is capitalizing on its earlier strategic decision to support the award-winning Red Hat (NASDAQ: RHAT ) Linux operating system. CNTR was one of the first embedded data management companies to support Linux, an extremely powerful and reliable open source operating system.The company
will continue to support the Linux platform with its recently announced award-winning Raima Database Manager 5.0 (RDM) and upcoming versions of Velocis Database Server (Velocis). Further, the Microsoft's woe has fueled the hype surrounding the stock. As always, we cash in on the top no matter what will happen. Remember, we take 50% of the position off the table to secure our original investment capital after a stock is doubled,
take 25% of the position off the table to lock the profit after a stock is tripled, and keep the rest as core position for a ride.

Veiko