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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Grommit who wrote (9560)	1/7/2000 10:12:00 PM
From: Steve168	Respond to of 78661

You may want to check out CENT: 1. Valuation numbers: My Comment Price/Book (mrq) 0.42 P/B very low, Price/Earnings (ttm) 12.55 Company is comfortable with $1 estimate Price/Sales (ttm) 0.19 for the coming fiscal year. Debt/Equity (mrq) 0.36 Not very high. 2. Management and ownership: Insider: 54% Ï Over the last 6 months: Ï one insider buy; 140.0K shares (1.1% of insider shares) Ï Institutional: 62% (136% of float) (238 institutions) Ï Net Inst. Selling: 6.28M shares (+76.24%) My comment: Insiders own more than half. Chairman/CEO actually bought $1M worth of stock in last 3 months. Institution sold almost 10M shares in past 6 months(almost half of shares out), which drove down this stock to such bargain price. The chart showed a bottom and is trending up, which gives people hope, will make people hold rather than panic sell. I have accumulated shares in the past 3 months between $7-9. I will buy more on dips. My one year target price is $16.