CGRM Centigram Message Board

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Technology Stocks : CGRM Centigram

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To: David R who wrote (309)	6/2/1999 2:09:00 AM
From: Red Dragon	of 333

Wow! This is the 7th posting on this board in the last 2 days - from 4 different users! Up until now, this board has mirrored the stock volume. I agree that this stock is so thinly traded that it is potentially ripe for manipulation by daytraders and/or market makers. Problem is, you need some sort of catalyst to get the momentum going. Yes, false rumors are one possibility. Positive earnings for 1-2 quarters would definitely result in CGRM showing up on some stock screens. Unfortunately, that means at least another 3-6 month wait, but they were just a couple hundred thousand dollars away from being profitable last quarter! For what it's worth, I've emailed a couple of investment websites about CGRM, hoping they'll write them up. I emphasized the $50 million in cash compared to $60 million market cap (i.e. you can practically own CGRM for free) and the fact that the slimmed down CGRM has reported 5 straight quarters of sequential revenue growth on a pro forma basis. CGRM can be very appealing to conservative investors looking for a deep value technology stock in this wildly volatile and overvalued market. If you guys know of any sites that welcome stock suggestions, it doesn't hurt to talk things up!

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