Joe: Comparing CRNR and SYQT is like comparing apples and orangutans.
CRNR lost .02/share last year; SYQT lost over $12/share.
CRNR's worst quarter loss was (if memory serves) .32/share; if SYQT ever reduces its losses to .32/share its shareholders (including you) will be dancing in the streets.
CRNR's management owns substantial positions in CRNR; you own more SYQT than any of SYQT's officers.
With a strong balance sheet, CRNR can weather a bad quarter, or even a bad year, for that matter, but I and the market are already expecting a down quarter (First Call has already reduced earnings estimate) and it is factored into the stock price. The importance of the strong book value of CRNR, in my view, is that the company's stock will not be diluted. (In fact, CRNR's buyback program reduced the number of outstanding shares somewhat this past year.) With SYQT's recent history of massive dilution, they'll be able to issue one share of stock apiece to the population of their key customer (China) <g>.
CRNR's management has been responsible--I have never seen a posting anywhere critical of management, while Syquest's management has a penchant for inexplicable BS announcements, like their recent sequential earnings announcement that apparently was intended to give the stock a short-term boost.
I have been mildly disappointed in Cornerstone the stock during the past year, but not Cornerstone the company.
As far as not holding "any of these boys' stock come earnings time", I can't tell if you're referring to just CRNR and SYQT, or perhaps the entire tech sector. Well, the safest place to have your money come earnings time is in a money market or CD--guaranteed not to be adversely affected by corporate earnings reports.
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