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Technology Stocks : CGRM Centigram
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To: Al Ludford who wrote (109)5/20/1997 11:41:00 PM
From: Mr. Sandi Lieu   of 333
 
For the second quarter the company expecrts to report a loss between .80 and .90 cents a share, which will include a charge. Without the charge, loss from operation is expected to be .45 cents a share.
The company said some order from major customers are delayed. I was surprised at the recent price movement of CGRM from 8.5 to 11.25 in light of the company's annoucement.
Kopp Investment, a comapny with a great record, is still the #1 share holders as of March of 1997, thouth they have reduced their holding from holding 21% to 13.5% of the company's shares. I am keeping a watch on their next move.
George Sollman, the CEO who has recently stepped down has been a steady seller of CGRM for sometime. No insiders have bought any shares of late that I know of.
On the technical side concerning CGRM's product, I know nothing.
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