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Technology Stocks : Cornerstone Imaging (CRNR)
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To: Joe Reich who wrote (270)6/28/1997 1:38:00 AM
From: Steve Robinett   of 430
 
Joe & Al,
It seems to me what's holding CRNR back is being in the monitor business at all. With 30% gross margins due to heavy price competition, this is not a good business. As yet, the software side, perhaps their future, has yet to demonstrate big bucks potential and the company itself is a little coy about what the software side does and can generate. I'm long the stock and think it cheap but, if the software side doesn't produce soon, the stock will stay cheap and I'll be gone.
Best,
Steve
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