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Technology Stocks : CGRM Centigram

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To: David R who wrote (294)	12/7/1998 6:19:00 PM
From: David R	Read Replies (1) of 333

CGRM beats estimates for Q4 by .08 (-.2 vs -.28 expected), and Year (-1.77 vs 2.18 expected). go2net.newsalert.com As I suggested, the Lucent settlement did not affect the results. CGRM did a $20M Q and apparently needs about $22M to break even. Hopefully, they will continue the trend and next Q will at least break even. Also of note is the revision of Q3 results the company's third quarter loss has been reduced from $3.7 million to $0.3 million. One can only hope that his news is sufficient to push CGRM back into double digits.

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