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


To: LTK007 who wrote (2168)1/16/1998 6:15:00 PM
From: Jack M. Moriss  Read Replies (2) | Respond to of 2428
 
To Centura's Management,

I am a patient Centura shareholder since 1994. Although I averaged
down over time this invesment has been a total disaster. I still remember an article, from Unix World, comparing Umang Gupta to Ray Noorda and mentionning that according to analysts CNTR would grow to $250M in annual sales within 2 years...

Before I always believed that this Company could achieve a real and complete turn around. I no longer believe that CNTR can even survive as an independant entity. The competition is just too intense and from Companies that havent a lot more marketing resources. Borland is your smallest competitor...

On the brigth side, Centura can offer a lot of synergy to the right buyer/partner:
1. Highly skilled software engineers.
2. Still a decent customer base.
3. Good Products.
4. Tax loss carry over ???

I think that CNTR can bring the best value to a package vendor because they make a high usage of tools and they could sell them to their customers that want to maintain and/or customize their packaged application. Also the new owners would have a database to bundle for their small clients that are not willing to pay another vendor like Oracle.

Now it is time that Centura's management does something for their shareholders and find a good buyer that offer at least the perspective of a good long term investment.

Wake up before it is too late!!!

Regards



To: LTK007 who wrote (2168)1/18/1998 8:07:00 AM
From: Veiko Herne  Read Replies (2) | Respond to of 2428
 
Max

If I'm only a short term investor to CNTR, I would probably like a any way (incl. takeover) to get my $4, but as I'm also a partner, I don't want those good products to be vanished inside a big Company.
Our problem here is, that we are taking all the news from Centura negativly, even when they are positive. This is the reason, why stock can't even rise to normal level after good earnings will be announced. I have stated previously, that Centura stock biggest problem is lack of trust and long term investors. Going to small cap market, there would be much less gameing and more long term investors.
I don't think, that big companies with lot's of programmers is future of software business. Programming as the job is moving to India and Russia, best people wan't to be freelancers and work home. Licensing, buying concrete tasks, where You can get it most effectivly and VAR channels is future of Software business. This will need other kind of organisations, that we have previously seen.

Veiko