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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mark A. Stang who wrote (95)2/22/1997 10:29:00 PM
From: Cheryl Galt   of 430
 
Tony and Mark, I agree with both of you.
CRNR can and will invest in their business.

And parking some of their cash in their own sure-to-appreciate stock
sounds like a smart move. Mark, thanks for the $18M cash figure.
That sure gives them room to maneuver.
They can have it both ways! They have enough cash to leverage it.

By the way, they merely announced that they had AUTHORIZED
stock re-purchases UP TO $5M.
They are under no time-table pressure.
I won't complain if this mere announcement stabilizes the stock price.

I'm just kicking myself that I didn't wait long enough after earnings to buy in.
I had the right idea, but the wrong timing.
I would like to have a little fun trading,
but I guess I'm cut out to be a long term investor !

I should know by now that it takes a week or two to settle out.
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I have never seen Cornerstone's monitors advertised or displayed.
I'd sure like to see one.

Cheryl

PS ----I do like my Iiyama - made by a small Japanese firm - Idek.
And what a price! Under $700 for 17" monitor with super specs.
They're well known by people who do cad work.
iiyama.com
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