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Technology Stocks : CGRM Centigram

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To: David R who wrote (48)2/27/1997 2:03:00 PM
From: Cary Salsberg   of 333
 
David,

RE: "I disagree with analysts who put CGRM as "high risk" stock."

Who are the analysts and where are their statements? I tend to disagree with your line of reasoning. CGRM is not likely to fall from the 12 level as long as they fluctuate between break even(or small loss) and modest profitability and their prospects for impoving business are preceived as good. The "high risk" with CGRM is that they are not thriving during a long business expansion and their stock is not participating in a huge bull market. A change to a recession and a bear market would not treat CGRM kindly, and these will come sooner or later. The waiting you describe has more dangers than just opportunity costs.

By the way, if you are comparing CGRM to BORL, I can more easily understand your comfortable feeling about CGRM.

Cary
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