Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David R who wrote (275)	8/13/1998 5:50:00 PM
From: Red Dragon	Respond to of 333

Thanks. I have been following it regularly. I've noticed that Yahoo boards tend to be busier then their SI counterparts, but are filled with more useless posts. The CGRM board is an exception, as there are some interesting and provocative posts, as you mentioned.

To: David R who wrote (275)	8/21/1998 12:59:00 AM
From: Red Dragon	Read Replies (1) \| Respond to of 333

Earnings just posted. Here are a few of my early observations: 1) Pro-forma comparisons (which exclude the CPE business) show year to year revenue relatively flat. 2) They burned some cash buying the Telephone Connection, but still have 52 million in cash reserves. Total market cap is 6.9 million shares X $11 = 75.9 million, which means one could purchase the entire company for net of 23.9 million dollars - a little over one quarter's revenue. CGRM remains a great value play. So in the grand scheme of things, CGRM's revenue is flat - which is not great, but better than a lot of other companies - including Apple and most companies in the semiconductor industry !!! The current stock price is an inefficiency of this market. A lot of small caps stocks are flat out being ignored by the investment community, as we know. The company is not stellar, but it is better than its stock price suggests. biz.yahoo.com