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


To: Jack M. Moriss who wrote (2190)1/25/1998 5:48:00 AM
From: Veiko Herne  Respond to of 2428
 
Re: Do you expect good earnings report $0.11/share ?
Yes. I have following reasons to expect.
1. In 4Q they finished the sales restructuring and they even reported $0.02-$0.04 earnings in the middle of their sales reorganisation, when they don't had sales personell at all.
2. The turnaround they made was excpeted and long waited for their partners, who will do most of the sales
3. They had developers conference in Munich, Germany.
4. They made sales initiative program for their partners at the end of Q4.
So I think, it's realistic, that they can make $0.11/share.
About missing cash and CA loan. They announced partnering program with CA about this Jasmin database project. I think, that this may be the way, they are working out with CA. Best way to make cash for Centura is to make big prepaid licensing deals or participating in other developing programs.
Anyway, even if they will make good earnings, there is very little possibility, that stock price will be run more, than $2. Everybody wan't to take proffit out then. It will take much more time to recover the stock price at normal level.

Veiko