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Technology Stocks : Cornerstone Internet Solutions (CNRS)

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To: Roebear who wrote (13)11/16/1998 2:32:00 PM
From: Pamela Murray  Read Replies (2) of 131
 
Roebear,

Yes, it is promising. Yes, I am still in cornerstone. It was unfortunate that the stock was beaten down as much as it has been.

The latest rumors are around that USWeb may buy after the first of the year. The company is an affiliate of USWeb. It is now showing a profit. They have won awards for their tech. The management is excellent. The major VC is a major VC of USWeb and was a major VC of Gray Peak Tech (USWeb bought them out in May for 7 / share).

It would really be hard for me to put a price target on this issue. When I originally got involved , I was thinking 7-10.
There are some whom think that Cornerstone wants to build out on their own. In any event, I think that it will be a winner if management continues to execute their plan.

Good Luck,

pam
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