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Technology Stocks : CGRM Centigram

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To: Debt Free who wrote (53)3/4/1997 11:53:00 AM
From: David R   of 333
 
It is not very engouraging watching CGRM hanging around 11. In 1993, they had very little capital, and were less than 1/2 revenues as now. The difference was that in those days, CGRM was posting eps >.30. I am long on CGRM, and my average price is between 12.5 and 13. 11 not to bad for me, but my other investments have been performaing exceptionally well, and this one is appearantly going no where. I will hold off from any moves until this quarter results are in. If they have not shown some significant improvement, I will have to reconsider my postion.
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