Cornerstone Imaging (CRNR) Message Board

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Technology Stocks : Cornerstone Imaging (CRNR)

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To: kech who wrote (42)	1/3/1997 6:25:00 PM
From: Mad Bulgarian	of 430

Sorry, Tom, but the light is yellow at best. No one can predict the course of a stock over the next few months - not even Monday Morning Quarterback Mark (hey, I'm allowed at least one unduly ascerbic remark! ;-) At this level I just think that the risk balances any potential upside - meaning I don't buy. Yesterday and today showed a good move, but I want to see a solid uptrend first. I don't see one yet. The January effect has been balyhooed from here to Bali and is not certain to re-appear now. Nor is it a given that CRNR will show 11 or 13 cents on the bottom line. I guess the timing of any transaction should reflect your risk tolerance. If you're like Mark, buy now. You may end up making significantly more money, but I believe at significantly greater risk. By the way, psychological studies have shown that investors become much more bullish on a stock AFTER they have bought it, because they must now justify their action to themselves and the public. Don't fall into that trap!

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