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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mark A. Stang who wrote (219)6/9/1997 5:41:00 PM
From: RON FARRELL   of 430
 
I have no idea who the "sap" was that sold at $7.75 today, but I appreciate that I was able to pick up more shares at $7.875 (market maker has to get their cut). Since I have owned CRNR for quite some time, I am still trying to average down my cost. It is days like these that really help.

I have no idea if CRNR will instantly go to $10+ after Q2 earnings, but by the end of the year I would be quite surprised if it isn't above $12. To me, and probably others, a $20 price by year end is not out of the question. Either way, we would be looking at pretty healthy gains from the $8.00 level. As long as CRNR continues to post decent numbers, it shouldn't take too long for the Street to catch on.

Ron
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