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


To: MENSO who wrote (2270)2/11/1998 9:22:00 PM
From: LTK007  Read Replies (2) | Respond to of 2428
 
Leo I too will stand erect and saluting as the ship Centura and my
shares sink to the bottom the cold,cold depth the deep sea:)Welcome Back,Amigo.max



To: MENSO who wrote (2270)2/12/1998 7:46:00 AM
From: Shinie  Read Replies (1) | Respond to of 2428
 
Leo,

What were all these about? You have been absent from this thread for 6 weeks, I think you have missed a whole lot conversation we've had on the thread and the clubhouse. IMHO, what you think as my position on Centura's investment was at least 75% wrong. I have been very busy both in my job and life. I'm sorry I don't have time to explain myself. Anyway, welcome back.



To: MENSO who wrote (2270)2/12/1998 6:55:00 PM
From: Shivram Hala  Read Replies (1) | Respond to of 2428
 
>to drag-out the negotiations until March instead ? By then Centura >will have been kicked out by NASDAQ, its shares will be trading >between 3/8 and 1/2 a Dollar (if you are lucky), CA will own the bulk >of the company, and CA could then move in for an easy kill (read: at >a bargain basement price).

My thinking is the same. I expect there'll be a lot of selling pressure soon and I aim to bail out the remainder of my holdings tomorrow. If CNTRC moves to the pink sheets it will languish there but I don't think it will tank. I'm not sure what the deal is with converting the 10 million loan to CNTRC shares. Could somebody provide info on that. The other option to remain listed is a reverse split which would be disastrous to the stock price which in fact may go below 4 again.

> If this happens, CA would likely keep only whatever source >code and software engineers they like, sell and lay-off the rest, and >never even blink an eye. Nothing but a drop in the bucket of its many >acquisitions to date.

I don't think (if CA took over) they have too many s.w engineers to choose from. I think most of the tech staff and a few other necessary evil staff will remain [CNTRC is I think lean to the bone]. All the marketing,... staff will have to hit the highway.