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Technology Stocks : Cornerstone Imaging (CRNR)

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To: shasta23 who wrote (151)4/22/1997 2:25:00 PM
From: henry tan   of 430
 
I think the institutions are worried about the whole imaging industry desregard the surprisingly good 1st Q. report.

Company like FileNet has a big loss in the first quarter. Unfortunately, market used those companies as bellwether or indicators for the whole imaging industry.

One thing I like to point out is the S/W business contribut 10% of revenue in the first quarter. Compare to two years ago (less than 1%), the growth is very impressive. If the S/W business keeps grwoing at the smae speed, soon CRNR is no longer positioned as a pure H/W company. CRNR will have to tell investors its new position in the imaging industry.

I believe this stock will be recognized at a fair P/E value this year.

-Henry
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