CTEN - Centennial HealthCare - a high risk play

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Strategies & Market Trends
CTEN - Centennial HealthCare - a high risk play

An SI Board Since August 1998

Posts	SubjectMarks	Bans
10	0	0

Emcee: Yin XIE	Type: Unmoderated

Introduction Compact

8/04/98, CTEN droped more than 50% in one day after a rating cut from
Alex Brown. I see CTEN a good short term play as it draws a lot
more attention from short term traders.

Here is CTEN profile:

CTEN provides a range of long-term healthcare services to meet the medical needs of elderly and post-acute
patients. As of 12/97, the Company operated 84 long-term care facilities, two hospitals and 30 home health
offices. For the three months ended 3/31/98, revenues rose 36% to $87.1 million. Net income applicable to
Common totalled $3.8 million, up from $454 thousand. Results reflect increased patient service revenue due to
acquisitions and higher operating margins.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
10	Take a look at the insider buying at Centennial. The big boys are loading up at	Craig S. Owens	-	10/26/1999
9	You might want to look at GHV as a play in the sector also. It has had signifi	Don Westermeyer	-	4/7/1999
8	At the current prices, This stock is a bargain. The main man at Centennial Step	Craig S. Owens	-	4/6/1999
7	CTEN is a good buy as long as they make the 'analyst' expected earnings	Don Westermeyer	-	4/5/1999
6	droped below $9 again. Good buy?	Yin XIE	-	3/31/1999
5	Cten bought by a private company, thread closed.	Yin XIE	-	10/26/1998
4	Yin, I thought it rebounded nicely. Unfortunately, it appears they had the bad	Craig S. Owens	-	8/5/1998
3	Nice rebound today, I think the resistance at 9 should be very strong. The prob	Yin XIE	-	8/5/1998
2	When it comes to the new PPS payment system. I think management will be the key	Craig S. Owens	-	8/5/1998
1	Don't see much upside in the near future, though deadcat bounce is poss	scname	-	8/5/1998

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