SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cornerstone Imaging (CRNR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark A. Stang who wrote (283)7/2/1997 8:40:00 AM
From: Paul Haynes   of 430
 
You're correct, Mark. The panic sellers this morning will be jumping out of the plane with market orders as their parachutes and may lose quite a bit. I am often amazed at the response to some of these pre-announcements and quarterly earnings reports.

Yes, I was surprised by the announcement of earnings being near breakeven but, as you note, there have been upside surprises in the recent past for this company and it may happen again. I looked at the 1996 June quarter and CRNR actually lost money. That was the last bad quarter for the company.

The software result is exceptional. Do you have any idea what the total market is for the software that CRNR develops? I want to believe that the software gains could mitigate any cycles in what I perceive to be a hardware market with a much slower or nil growth rate.

Thanks for your informative and insightful posts.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext