Cornerstone Imaging (CRNR) Message Board

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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Al Klein who wrote (23)	10/25/1996 8:55:00 PM
From: Mad Bulgarian	of 430

Al, you're right - the falling out with FileNet was one major cause of the margin erosion and drop in earnings. CRNR just couldn't keep selling monitors (sorry, "Imaging Displays") at such premiums. CRNR has to get gross margins back into the 35% - 40% range and operating margins back over 10% if they are to make more than 6 cents a quarter. Having said that... Now that they are starting to fire on all cylinders with a software product line, margins should improve. With software, its a whole 'nother ball game. Long term investors ought to just buy this sucker now. Traders may get another shot at it under $8 and then it's the teens. I don't know about $20, Fred. That seems just a bit optimistic right now. Give 'em another few quarters.

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