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Technology Stocks : CGRM Centigram
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To: Mr. Sandi Lieu who wrote (182)9/9/1997 7:57:00 PM
From: Red Dragon   of 333
 
If CGRM attains the same valuations (PSR, Price/book, etc) as other voice mail companies, then $20-30 is expected. Chart looks good as you pointed out - long base formation, with a sharp breakout on high volume followed by steady accumulation and price appreciation on relatively high volume.

CGRM finally got noticed by "beating" estimates, then making the top 10 list for daily gains on the day after earnings. Now, maybe CGRM will show up on the radar screens of relative strength investors, as it has an impressive 40-50% gain over the past few weeks, clearly outperforming the general market.
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