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Technology Stocks : Cornerstone Imaging (CRNR)

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To: kech who wrote (139)4/15/1997 7:42:00 PM
From: tobin sears   of 430
 
Thanks for answering Ron's request Tom. I am interested in any opinions anyone has about what is going on here. Q4's report was excellent, .04 above expectations, but didn't promote any response probably due to the comparison with Q4 of 95. But now, come on...all earnings expectations were annihilated and the news on the new monitors is excellent! Why is it that the volume is high and there is virtually no price movement(aside from an even number of buyers and sellers etc..) This is almost ridiculous. I would expect a significant increase tomorrow morning after the news filters through all of the channels. It seems as though good news actually causes a decrease in price. Fortunately for us, Cornerstone should be able to boost the share price a bit when it starts buying but obviously someone is willing to sell a lot so who knows. I wouldn't think any idiot would still be trying to short this stock even for short term gains( which is not difficult when there is low activity in this stock). Any opinions or comments from anybody would be appreciated. Keep holding!
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