Cornerstone Imaging (CRNR) Message Board

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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mark A. Stang who wrote (46)	1/3/1997 7:34:00 PM
From: Mad Bulgarian	of 430

Mark, look at FileNet (FILE) today. As Tom mentioned in an earlier post, they cratered on a lower earnings forecast. What really spooks me is that FILE is a sort of bellweather for this industry. Also, the shortfall was blamed on customers deferring orders and in some cases reducing the size of orders - not good. I can bet you a pair of deuces that what goes for FILE goes for CRNR. What also spooks me is that FILE seemed to be just peachy-keen on its way to recovering from the horrendous 65-down-to-20 plunge in the first half of the year. I was enormously tempted to buy them at 30. Then again, I was also tempted to buy CRNR at 8.

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