Concord Communications Inc (CCRD) Message Board

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Technology Stocks : Concord Communications Inc (CCRD)

CCRD 23.60

-3.0%

Oct 30 9:30 AM EDT

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To: DD™ who wrote ()	10/16/1997 9:26:00 PM
From: DD™	Read Replies (1) of 84

Taken from Motley Fool Evening News... "Network analysis software company CONCORD COMMUNICATIONS (Nasdaq: CCRD) (N) (S) jumped $6 5/8 from its IPO price of $14 to close at $20 5/8 and at a market cap of $270.5 million. The company sold 2.3 million shares and insiders cashed out on 600,000 shares, netting the company somewhere in the neighborhood of $30 million. For the trailing 12 months, Concord has $13.2 million in revenues and $6.9 million in losses, or a loss of $0.60 per primary share. The company's software is used for local area and wide area network operations with customers such as America Online, Ameritech, MCI, AT&T, and Morgan Stanley highlighting a prestigious list of companies using its products." DD

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