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Microcap & Penny Stocks : Centura Software Corporation (NASDAQ:CNTR) -- Ignore unavailable to you. Want to Upgrade?


To: Shinie who wrote (2102)12/31/1997 5:04:00 PM
From: Jatin Kadakia  Respond to of 2428
 
Hi Cathy,

Thanks for invitation to the "Club House" and all your inputs to this thread. I just got done with making Eiffel Tower (3-D puzzle) with my son and we feel good. MMs (Market Manupulators as someone calls them on another thread) tried very hard to shake out a lot of weak hands in the AM and succeeded as it dipped into pennies. Then the number of sellers dried up and the offer had to be raised. A typical manipulation as I see it. Hopefully, starting friday fundamentals and technical merits of the company will dictate where it end up in 1998. Considering how quiet the new management has been and no new announcements, I do not expect Dec quarter to be stellar. Then they will have to see what kind of hard ball CA plays with them. I do not think new management has an agenda of turning the company around but they are there to get best deal they can for selling the outfit and turn the lights off on the way out. Will be interesting to watch this one from the sidelines. After 30 days I might go in and out if volatility such as past week continues.

Discounting Centura and Work Recovery (another dog), 1997 was a very good year for us in the market. Hope you also had great returns. happy New year to you and yours. Hope you got into EFII, nice find.

regards,

JK