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Technology Stocks : Concurrent Computer (CCUR)
CCUR 1,940-14.0%Jul 30 2:38 PM EST
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To: Valery Portnov who wrote (2485)2/6/1998 9:55:00 AM
From: jeffbas   of 21143
 
I think this was a classic case of buy on the rumor/hope sell on the news. So far the stock has declined to 2 13/32 bid and then upticked to 2 7/16 bid. Back to a bit under Steve Olivier's $2.50
fair value point (which looks like a good valuation). The company seems to be making gradual progress on all fronts. So would expect stock price to be a "two steps up, one step down" type of affair with no dramatic moves in either direction from this point until we see further developments.
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