Cornerstone Imaging (CRNR) Message Board

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Technology Stocks : Cornerstone Imaging (CRNR)

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To: tobin sears who wrote (118)	3/22/1997 6:33:00 PM
From: Mad Bulgarian	of 430

Hang in there, kids - there's a pony under that pile of brown smelly stuff... As I said a while back, CRNR's market cap is way too low to pop up on the fund managers' computer screens. At just $55 mil, CRNR gets dropped from consideration even before any other criteria are applied. Most fund managers will start to look at a stock once the market cap is over $100m to $150m. That means the real action in CRNR will start once the stock has already doubled or tripled! That would mean getting to a price of $15 to $22, which is not at all unreasonable. I think Cornerstone should be able to make $1.5 mil per quarter on average for 1997. That adds up to about 20 cents per share per quarter, or 80 cents for the year. That's a P/E of less than 10 right now. If they show growth, and if they show that they can make it as a software company, the P/E should be 20 to 30. Just my 2 cents.

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