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Technology Stocks : Mbrane (NASDAQ: MBRN) - An enterprise solution? -- Ignore unavailable to you. Want to Upgrade?


To: Shinie who wrote (921)3/8/2000 9:58:00 PM
From: LTK007  Respond to of 1238
 
from CNTR website,my apologies if it has already been posted
<<From the CEO's letter, Feb. 00'

Looking forward, we should grow approximately 20% for this year. This would put us in line to perform better than $60
million in 2000. We have set up our new EB and IA Strategic Business Units (SBU), focusing on certain vertical markets for
extending business systems to Information Appliances. To set the appropriate expectation, we are expecting to run the
business at operating income break-even levels for the next couple of quarters. By my nature I am a cash flow and profit
driven CEO. However, I want to leverage our lead in this market and will continue to invest in both market development and
porting our technology to new platforms. We are the most open, compelling and comprehensive company in our market. We
plan to do better than these estimates would indicate, but I think it imprudent to set an unreasonable expectation and miss. I
would rather come in on the high side of the numbers. I do expect profitability in Q3 and Q4 and for the year as a whole,
however.

Finally, I am excited about our growth opportunities over the next few years as we continue to build Centura brick by brick,
customer by customer, for the long term. If you have any questions, please contact me via my e-mail shown below.

All Success! >>



To: Shinie who wrote (921)3/8/2000 10:15:00 PM
From: LTK007  Read Replies (1) | Respond to of 1238
 
cathy,with but one exception,that being for Centura,i went all cash after 3months of very productive trading --i told my broker liquidate everything except for CNTR--RYNO like your assessment,and feel the only thing that could bring CNTR below 13 and a point where i would buy more,i feel would be only if the tech sector were to go through a nasty correction,Good Luck,max