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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Curtis Fox who wrote (183)5/14/1997 12:01:00 PM
From: Cheryl Galt   of 430
 
Curtis, the Q1 report (thru end of March) was just out on April 15th.
It showed a big EPS surprise, and CRNR's price is gradually responding.
For details, see Cornerstone's site at corimage.com.

I recently noticed that Zacks has upped its mean estimates for 1997 and 1998, by 3 cents each.
It may be a conincidence, but the stock seemed to begin moving up at about the same time as the update to estimates.
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Consensus estimate for current fiscal year ( 12/97 ) : $ 0.63 per share
Consensus estimate for next fiscal year ( 12/98 ) : $ 0.88 per share

Consensus estimate for current quarter ( 06/97) : $ 0.13 per share
Last quarter's actual earnings :$ 0.14 per share
Last quarter's EPS Surprise: 75 %

Zacks --- ultra.zacks.com
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Cornerstone's site mentions an Expo in Milwaukee on May 14-15.
Let's see if this has any impact on the stock's price.
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