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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: KevinThompson who wrote (2390)3/31/2000 1:09:00 PM
From: KevinThompson  Respond to of 48461
 
Manatron news:


Friday March 31, 12:23 pm Eastern Time
Company Press Release
Manatron, Inc. Completes Acquisition of Selected Assets of CPS Systems, Inc.
KALAMAZOO, Mich.--(BUSINESS WIRE)--March 31, 2000--Manatron, Inc. (Nasdaq:MANA - news) today announced that it has completed the $1.8 million acquisition of selected property tax and appraisal related assets of CPS Systems, Inc., as approved by the Northern District of Texas' U.S. Bankruptcy Court in Dallas on March 24. As announced on Monday, the operations purchased have recurring annual revenues of $2.3 million from approximately 60 counties, the majority of which are in Florida. To manage this business, two new Manatron offices, one in Tampa and in Dallas, will be staffed by approximately 20 former CPS personnel.

``Over the course of this week, we have met and become better acquainted with our new employees and customers, and we are very pleased with how well these meetings went. I am now very confident that we have assembled a team in Tampa and Dallas that will not only provide quality product and services to our new customers, but that will fit in very well with the culture we are developing throughout the entire company,' said Paul Sylvester, Manatron's President and Chief Executive Officer.

CPS filed a voluntary petition for protection under Chapter 11 of the Federal Bankruptcy Code on January 19. Prior to filing for bankruptcy, CPS, which was founded in 1975, served more than 200 customers through offices in seven states and reported revenue of $5.1 million for the first nine months of 1999. The remaining assets of CPS were awarded to other bidders.

Manatron, Inc. designs, develops, markets and supports a family of web-based and client/server application software products for county, city and township government. Manatron's products support back-office processes for government agencies as well as ``Virtual Courthouse' needs providing Internet access to information for industry professionals and the public. Through its Sabre Appraisal division, Manatron provides mass appraisal services, assessing residential, commercial and other types of properties to ensure updated and equitable property valuations. Manatron currently serves approximately 1,600 customers in 29 states and three Canadian provinces. Information about Manatron, Inc. is available at the Company's site on the World Wide Web at manatron.com.

Safe Harbor Statement: The information provided in this news release may include forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. Actual results may differ from such projections and are subject to certain risks including, without limitation, risks arising from: changes in the rate of growth of the local government appraisal industry, increased competition in the industry, delays in developing and commercializing new products, adequacy of financing and other factors described in the Company's most recent annual report on Form 10-K and most recent Form 10-Q filed with the Securities and Exchange Commission, which can be reviewed at sec.gov.

KT



To: KevinThompson who wrote (2390)3/31/2000 1:15:00 PM
From: J.R.S.  Read Replies (2) | Respond to of 48461
 
Kevin. TCPI. Is this a good point to add some additional shares or wait for the selling to come to a conclusion? I see further downward movement based on the chart.



To: KevinThompson who wrote (2390)4/1/2000 9:04:00 PM
From: Bucky Katt  Read Replies (3) | Respond to of 48461
 
When I trade the indexes, long or short, it has nothing to do
with my micro-cap stocks. Completely different situations.
"Right side" meant exactly that I anticipated a market dump, and got it, big time. That is what I look for when playing the indexes, quick gratification.

For the Rat stocks, I follow the strategy in the intro to the thread, which can be stated simply as buy real low, and sell real high. (Usually some waiting involved, sometimes a year or more, which is good, as it means you get to buy a pile real cheap) Rome wasn't built in a day, as the old saying goes.

ONSS in particular was hit with a rash of shorting and profiting in the mid 5 area. Nothing is linear in this market...even now, beat up as it is, it is up over 350%, so it beats 99.9% of all mutual funds over the last 4 months. Now, think about that.

Hey how come nobody talks about old pick PARA, now known as FIVE?? Or some of the others? Like TGEN, which turned a nice day profit on rebound Friday?

Relax about our little friends, they represent nice value in a crazy market. Look at all the fits & turns ATMS made to get where it is now. Would it have been smart to sell and buy-back a dozen times, or just let it sit, you tell me, what is the better way, buy and let them work, or trade like a crazy person??

To make the most profit out of a micro-cap Rat, the best thing to do is nothing, other than buy when appropriate, let the stock work for, as we strive to find them before they turn up everywhere, and sell when your target has been achieved.

Simple to say, not an easy thing to execute, as we all think we need to turn a buck every trading day. Because "they" have programmed most of us to think this way.
I posted somewhere the online brokers were going to spend well over 1 BILLION dollars on advertising this year, and they do that to make you think their way, and I ain't gonna do it, I know better.