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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mark A. Stang who wrote (129)4/11/1997 1:09:00 AM
From: tobin sears   of 430
 
Mark: I have held a good sized chunk of CRNR since last July and have experienced your same sentiments -- I am hesitant to get out on the highs, especially after earnings reports, because I know that it is just a matter of time before it shoots up. I have stayed with it and have rolled around in bed a few times due to the intimate relationship that has developed between volatility and my 30% margin limit. Cornerstone can indeed be considered a stock with significant potential by the books at least, but investor interest just doesn't seem to be there yet. Hopefully, this quarter will convince the onlookers--It doesn't get much better than this IMO. I have also been hesitant to sell because every time I do the stock tends to go up at least in the short term. I should probably start my own newsletter focusing on counteracting my last sell - investors would have done fairly well in the last couple of months! I hope this is the trigger we have been holding out for -- I would think a positive report would give us a base of perhaps 10. I don't like living at Magic Mountain 5 days a week. Additionally, what about the news releases which seem to attract relatively no attention(stock repurchasing option, Adobe deal, etc)..hello! Oh well, now that I have had my therapy for the night. Let's all wish for a little support here for a company that should be trading in the teens by now.
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