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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mark A. Stang who wrote (227)6/13/1997 12:57:00 PM
From: RON FARRELL   of 430
 
Perhaps I am just being nervous, but recent price action on the stock leads me to believe we will be fortunate if CRNR even meets their numbers for this quarter. At this point, I would assume insiders have a pretty good idea of how this quarter is going to shape up. If the quarter was going well, I would assume that insiders would be snatching their shares up at what appear to be bargain rates, even if it were just for a short-term gain when earnings come out. The volumes traded leave me to believe that not many people are trying to step in here and buy at these "cheap" levels.

I would like to believe otherwise, but with the NAZ currently up over 11-points last I looked, you would assume CRNR would at least get a little spill over effect. Does anyone have anything to ease my fears?
I suppose the good news is that unless the quarter is a complete disaster, it would seem that CRNR would have a hard time going too much lower.
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