Cornerstone Imaging (CRNR) Message Board

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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mark A. Stang who wrote (43)	1/3/1997 1:04:00 PM
From: kech	of 430

Thanks Mark for your concern. I already have a position which I acquired in CRNR at 16 and then at 9. CRNR does seem to be bottoming - but it has had some false bottoms already - one in Sept. There is still a lot of insider selling in this stock even though I am heartened by one 30000 buy at 6.875. The selling was around 9. It seems like insiders are trading or playing the moves between 6 and 9 here. I have plenty of this stock if it is just going to move back and forth between 6 and 9. I am excited about the potential to make real money again -Zacks says .50 for 97. But there doesn't seem to be any track record of the company doing so based on its new "business model" of lower prices on "imaging systems" and increased emphasis on software. I am excited about the OEM agreement with Kodak and the Microsoft alliance. But some have argued that the revenue from software is still peanuts. On top of this Filenet just posted disastrous earnings today. It is down from 70 to what 24? I am not sure if this Co. has turned the corner on its new business model yet. How are you sure that it has? Any info would help explain your confidence.

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