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Technology Stocks : Cornerstone Imaging (CRNR) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Robinett who wrote (392)12/7/1997 11:04:00 AM
From: Jimmy Dell  Read Replies (3) | Respond to of 430
 
Steve, As to the monitor business, the CEO states in Barrons:

- the co. has more experience than anyone in selling state of the art, 2-million pixel screens - selling them sice 1988.

- the co. is moving full speed to transition into selling monitors to corporations, in order to cash in on the 30% per year annual growth in te general mkt for highest resolution monitors.

- after losing a few cents in the 2nd quarter, the co. is now breaking even, with its monitor business.

- computer displays are an $80 million business that the CEO believes will make money in 1998.

I haven't followed this co. for long and am wondering, does the CEO (Tom van Overbeek) have a lot of credibilty or is he prone, like many CEOs, to overstatement, exaggeration, and an overly rosy outlook? Perhaps someone who knows the co. well can shed some light on that?