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

To: RON FARRELL who wrote (417)	3/28/1998 10:29:00 PM
From: Mad Bulgarian	Read Replies (1) \| Respond to of 430

Please, get real. Displays are still 80%+ of the revenues. Sure, the software side is growing at 10% a quarter, so in a couple of years the ratio might be reversed - at least that's what everybody is betting on. But please, if you're going to be starting lame rumors, they have to be a bit less transparent than that... CRNR is going to stay the course. They get strength from the visibility and ubiquity of the ImageAccel line in large document imaging installations. They can say to the big integrators, look, we're already everywhere. You're not taking a risk with us. That's priceless when you're peddling new software. No, software revenues will slowly overtake hardware, and only then will they seriously think about becoming a software-only house. By the way, I like the recent price action. We may have seen the lows for the year.

To: RON FARRELL who wrote (417)	4/21/1998 12:12:00 AM
From: Mad Bulgarian	Read Replies (1) \| Respond to of 430

CRNR splits into separate Software & Display co's: (When I'm wrong I'm way wrong...) -------------------------------------------------------------------- Quarterly highlights include: Announces management buy-out of Display Division, net proceeds estimated at $10.7 million Corporate name changes to Input Software Inc., which remains a public company Display Division to continue to operate as a private company under the name Cornerstone Display Technology Inc. -- Former CEO van Overbeek becomes Chairman of Input Software -- Former General Manager of Software Division, Kim Hawley, becomes President and CEO of Input Software -- Software revenue for Q1 98 is $3.4 million, up 34% from Q1 97 Cornerstone Imaging Inc. announced today that it has signed a letter of intent to sell its Display Division in order to focus solely on its emerging presence as a software provider. The sale, which is expected to close by June 30, 1998, will be made to a current management team led by John Noellert, general manager of the Display Division. Commensurate with the decision to focus as a software provider, Cornerstone will change its name to Input Software Inc. The Cornerstone name will be retained by the Display Division. Kimra Hawley, senior vice president and general manager of the software division, has been named president and chief executive officer of Input Software Inc. The sale of the Display Division is expected to net approximately $10.7 million to Input Software and result in a charge against earnings of approximately $2.6 million in the Q1 98 financials. --------------------------------------------------------------------- See the rest of the story in the News section.