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Technology Stocks : Cornerstone Imaging (CRNR)

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To: kech who wrote (42)1/2/1997 9:13:00 PM
From: Mark A. Stang   of 430
 
Why buy in at single digits when you can buy in at double digits?

Tom:

I know you directed your question about whether you should buy in at 7.675 to Tony, not me. Why ask me? I'm just the chump who advised Brad Cameron in December that "the time to buy is now". Cornerstone had bottomed out at 6 5/8 then. So let's do the math; today's 8 1/8 close represents a 23% increase over where I published my buy recommendation, which I did not simply declare but attempted to back up in several posts with facts and a reasoned analysis. But what do I know?

Tom, despite all the facts, and despite the chance that the "January effect" is going to raise its beautiful head again (Watch the Dow drop as Cornerstone and other undervalued tech stocks take off), I don't want you to make a move until our friend Tony gives you the green light. What's a missed 23% or 33% or 43% gain compared to the peace of mind of knowing that you are buying a stock that has proven beyond a doubt that it will go up in anticipation of positive earnings. No point rushing in tomorrow. Think about it over the weekend. Take all the time you want.
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