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Technology Stocks : CGRM Centigram -- Ignore unavailable to you. Want to Upgrade?

To: David R who wrote (233)	12/13/1997 2:13:00 PM
From: Ted Levy	Read Replies (1) \| Respond to of 333

David, I know my personal reaction was disappointment (and surprise) that topline results (revenues) were unchanged from a year ago. In that sense we saw zero-percent growth and perhaps the stock price reacted accordingly in spite of the "earnings surprise"... Of course depression of the Asian market hasn't helped this little international company either... Ted

To: David R who wrote (233)	12/15/1997 12:18:00 PM
From: Red Dragon	Respond to of 333

Tech stocks in general seem to be in the middle of a pretty significant retreat, probably from more and more companies warning of problems originating from the Asian slowdown. Even tech companies that don't do a lot of business in Asia may get dragged down, since they deal with customers that DO do business in Asia and are slowing. I think CGRM has something like 40-50% of sales from International sources.