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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mad Bulgarian who wrote (102)3/2/1997 7:02:00 PM
From: Mark A. Stang   of 430
 
Cornerstone needs to talk to the Street--

I think the high volume a couple of weeks ago that dropped off (and then seemed to pick up Friday) was occasioned by Cornerstone's buy-back program. There just does not seem to be much awareness of this company on the Street, for reasons you have alluded to in your earlier posts.

I reduced my holdings from 10,000 shares to 7,000 shares (sold out of my cash account, still holding in IRA accounts). If the company has any notion of trying to stimulate interest in the stock, they will probably hold off until they complete their buying program. Someone should contact Investor Relatiions and try to get some hard numbers on where the buyback program stands (I don't know whether SEC regs require interim status disclosure.)
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