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Technology Stocks : CGRM Centigram
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To: David R who wrote (44)2/25/1997 11:59:00 AM
From: David R   of 333
 
Once again CGRM gets pounded down. The important thing to note is that CGRM is very stable at 12. Don't expect to see much worse. The company has 50M in cash, no debt, a very strong balance sheet, and good products. I have held for a while. Not likely to lose any money. Just the Opportunity costs are steadily growing. Dow goes from 4K to 7K. CGRM flat-lined. I'll give them one more qtr before I consider any moves. I still feel that this stock is going to be profitable for holders. There are just so many more opportunities to be had right now!
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