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Technology Stocks : Cornerstone Imaging (CRNR)
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To: Mark A. Stang who wrote (224)6/11/1997 7:53:00 PM
From: Steve Robinett   of 430
 
Mark,
There doesn't seem to me to be much reason for today's drop either. I wrote it off to the liquidity risk you have to live with when you own small cap stocks with light trading activity. The fundamentals still look good to me. $2.50--maybe even $3.00--a share in cash, a market cap less than half CRNR's sales, a reasonably solid core monitor business and, we hope, some future software revs--if we can ever get CRNR to talk about the contribution they expect from the software side. As the company sits right now, it should be selling for $12.
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