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Technology Stocks : CGRM Centigram
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To: Red Dragon who wrote (267)6/17/1998 2:57:00 PM
From: David R  Read Replies (2) of 333
 
Next Q should hopefully look a lot better. The low-end CPE business is gone. Revenues will be lower, but in theory, margins should be much improved. Also, the results will include the proceeds from the sale.

I have held CGRM too long for nothing. Obviously, selling at 10 would be silly. I will be looking for a good opportunity to lose this dog. If we see 16-20, I am out of here for good. However, if we get in t he high 8's or 9's, I might be tempted to pick up some more shares. Historically, CGRM has been a buy < 12 and a sell > 20.
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