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

To: MENSO who wrote (2395)	4/20/1998 7:09:00 PM
From: WTSherman	Read Replies (2) \| Respond to of 2428

Looking over the quarterly report I really don't see what anyone has to complain about. The first and only priority for management was to get the financial house in order and stop LOSING MONEY!! They appear to have accomplished that, paring down their expense line to the point that its less than their current revenue line. If they hadn't managed this they would really have had to give up the ship. If anyone had imagined that revenues would be up, considering the number of products they stopped marketing and the doubts about the company going into the quarter, it was totally unrealistic. With some sort of financial stabilization in place, I would expect the company to next focus on reinvigorating their distribution and existing customer base. This is the single biggest asset that they have. If they can regain some confidence in the channel and among the customer base they can stop the revenue slide and begin a little move up. Once that is underway then they can start to try to tap into new opportunities and channels. Turning around a company that is in this kind of shape isn't easy, isn't fast and isn't a sure thing, but, if I was running CNTR I'd be basically following the same script they their new management is today. As far as R&D goes, they seem to be on a schedule to spend about $6M on R&D for this year. Given the fact that the company is down to less than 200 employees this is not a bad number. My guess is that about 40 of the employees are in R&D based upon this figure.