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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mark A. Stang who wrote (69)2/3/1997 3:11:00 PM
From: Mad Bulgarian   of 430
 
Hey kids - a history lesson:

10/16/96 - With the stock in an uptrend, CRNR reports 6 cents, better that estimates. Stock opens at 9 1/4 and closes near its high of the day, 10.

10/17/96 - Montgomery raises rating on CRNR from HOLD to BUY. Stock hits an intraday high of 11. Tony loses all hope of getting in on the cheap, but resists buying anyway.

10/18/96 - Ooops. Back down below 10 on high volume. It's the beginning of a 2-month slide that does not end until 12/27, at an intraday low of 6 3/8.

So there you have it. Those who forget history are condemned to repeat it, dontcha know.

Cheryl, thanks for the support and don't sweat it, you'll do ok.
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