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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Jimmy Dell who wrote (393)12/7/1997 12:05:00 PM
From: Steve Robinett   of 430
 
Jimmy, I poked around a little and found the following:

From last 10k:
"...the Company relies on certain key domestic and Asian suppliers for important components."

In addition, the last 10Q discusses CRNR's use of currency forwards to hedge currency risk against the Japanese Yen.

Does this mean their costs for Asian produced components went down? Maybe. CRNR's earnings are also a bit seasonal with the 4th quarter (this quarter) being the strongest. If I had to guess right now, I'd say CRNR might have an unexpectedly good quarter. Obviously, I certainly hope so.
Best
-Steve
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