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Technology Stocks : CGRM Centigram
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To: Mr. Sandi Lieu who wrote (239)12/26/1997 3:34:00 PM
From: David R   of 333
 
I sold about 25% of my CGRM because 1) I am buying a new house, and needed some cash, and 2) I have been holding CGRM for a long time. Having averaged down to near $10, selling some near $20 (I missed the high of $22) made sense. Having realized some profit, I am content to sit a while longer. However, the Asian crisis is a bit alarming. Fortunately, the downgrades did not affect China (actually had ann upgrade). China seems to be one of CGRM's strong international money makers.

Let's hope that CGRM gets revenues back in line in 1998. That would call for about 30% increase over 1997.
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