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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Al Klein who wrote (33)12/19/1996 3:05:00 PM
From: Mark A. Stang   of 430
 
Cornerstone drop related to Oracle drop?

Al:

I only made this possible connection yesterday. A Merrill, Lynch broker called me pushing Oracle, because of a big dip from 51 on 12/3 to 42+ today. If I re-call correctly, Oracle and Cornerstone have some kind of joint marketing arrangement--I don't know any of the details. So the Cornerstone drop might be happening in "sympathy" with the Oracle drop. But I have heard nothing negative about Cornerstone's performance this quarter, and First Call upgraded buy recommendation from 2.7 to 1.7 between the last 30 and 7 days.

I am confident we'll see double digits again possibly before, and definitely after 4-Q earnings come out.
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