SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cornerstone Imaging (CRNR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mad Bulgarian who wrote (82)2/12/1997 10:27:00 AM
From: kech   of 430
 
Tony - I reread the earnings announcement again. The only thing I could see causing expanding margins was a drop in the price of a key input. I guess this is good news but I wonder how long it will last and why it won't also benefit competitors who will drop price. I agree that we are getting near a good price for buying (again in my case) but since I'm not close to the industry I don't feel the turnaround yet. What is it you are seeing that is so exciting? Growth prospects in the industry? InputAccel? I'm just wondering that all the good news basically means they get back to $.60 per share and then we have a company selling at $7.5/.6= 12.5 p/e for year forward earnings- IF ALL GOES WELL. This is cheap but depends on growth prospects. One announcement recently suggested CRNR is getting awards for quality in their monitors from prominent PC magazines. Is there rapid growth remaining for high quality very expensive monitors that also require additional hardware to support them?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext