Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 1,940

-22.4%

Jul 30 2:38 PM EST

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To: Robert who wrote (9516)	6/14/1999 7:10:00 PM
From: Sam	Read Replies (1) of 21142

We are seeing the power of overall market sentiment controlling individual stocks. OTC stocks in general are getting caught up in the vortex of grossly overvalued internet stocks being "reverted to the norm". Even with a great situation, like CCUR, it's hard to get out of the whirlpool. Look at QQQ as a surrogate for the NasDaq and you can see that market is going lower. DIA, surrogate for the DJIA, in contrast is fighting not to be pulled down too. SFA and GIC both are announcing similar great things but GIC is being pulled down and SFA is escaping to move up. SEAC staggered today but is hanging on. IATV got pulled back but pulled up some. In this context CCUR did a very good job closing up a bit even on relatively low volume. I believe we are back to a plateau situation like before the breakout through $5. To breakout now off the $7 plateau CCUR must see daily volumes above 2 million on rising prices. The current demand is at $8 max. Until that happens Steve and I are going to feed ducks.

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