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Technology Stocks : CGRM Centigram

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To: David R who wrote (173)8/27/1997 1:20:00 AM
From: David R   of 333
 
Some more interesting info from the results. CGRM has increased cash reserves to $46.7M from about ~$40M. We know that $3.4M came from sale of Truevoice. Intersting that in spite of a big loss (and resturcturing charge) last quarter as well as the money spent on stock repurchasing, the cash reserves has been growing steadily. Seems that they have a good handle on the cash flow. It will be interesting to see market reaction tomorrow.

Is $14 a possibility?? Could this be the moment that Centigram share holders have been waiting for? Will we all be singing "I'm in the money"? Alas, <in my best Scarlet O'Hara accent> it is all too much for my powah li'l heart to ba-yar.

Sorry guys, its been a very long day <g>
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