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Technology Stocks : Centennial Tech(CENL)-current and future -- Ignore unavailable to you. Want to Upgrade?


To: manny t who wrote (246)12/1/2000 4:08:12 PM
From: Brian  Read Replies (2) | Respond to of 260
 
CENL is only 36% off of its high and 387% up its low of the year. Compared to the average hi tech company, this is a great one to own this year.

The problem isn't with CENL its with the market. Look at the comparitive performance with intel and microsoft
siliconinvestor.com

Brian



To: manny t who wrote (246)12/6/2000 2:03:56 PM
From: Shel10  Respond to of 260
 
Suspect that the price drop is due to a combination of factors.

1 - The volume of shares traded is not significant.
2 - Within that volume is probably a significant percentage of individuals that bought when stock was below $5.00.
3 - Most have doubled, and some have tripled, the value.
4 - They have held for one year and are selling to take profits to buy any one of the undervalued tech stocks that are long term holds - Motorola is a good example, it's down below $20.
5 - very little interest from institutional investors, and not enough shares available if they were.

Centennial only has 3 million shares to trade. If they were to try to accumulated a block of 300,000 shares, they'd be considered as an insider.

Centennial needs to do a split of at least 3 for 1.

We should see a rise to $20 in a few weeks. The quarter is closing. Good profit numbers will generate interest.