Cheryl: Thanks for the hot links to the monitor reviews;
Paul: Thanks for your kind remarks. Of course, if I were really insightful, I would have sold CRNR at 11 last October when it soared on returning to profitability with .06/share for 3-Q 1996. But noooo, this greedy piggy was going to ride CRNR back up to the 20's on successive quarterly earnings surprises.
Today's low is where I pegged it, 6. I am surprised that the volume is not higher, thought we might have had 250,000-300,000 lemmings going off the cliff. Obviously, most CRNR longs have had a siege mentality since the stock broke below 7 several weeks ago.
I don't expect much price recovery before this holiday weekend, nor much before the actual earnings announcement. Just have to take it a quarter at a time.
Those reviews look great. It's been several weeks since I took a spin around Cornerstone's website, but I don't remember seeing anything about the reviews there. I could be wrong. In any event, they've got a great product (which we've always known), priced competitively (which I wasn't sure about until I read the reviews Cheryl kindly provided). We know that demand for the industry's product is growing, even if it dipped this quarter. Folks, sounds to me like it comes down to marketing, marketing, marketing. Time for the marketing department to get off their laurels (nice euphemism for butts, huh?) and devise and execute some new strategies. Don't rule out anything, including talking to the folks at Syquest about their contacts at Legend. The marketing people should either produce or be handed their walking papers. |
