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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: jeffbas who wrote (10139)7/15/1999 6:59:00 PM
From: steve olivier  Read Replies (1) of 21142
 
Jeff, the reason those internet stocks went to the moon was because there were few of them, the ones available had very small floats and everyone wanted internet exposure. ie, there were not enough internet stocks to go around. When all the internet IPO's fixed that problem earlier this year, these stocks crashed and only the big names are anywhere near their highs. Also, I think the run in internet stocks in late 98 and early 99 will go down in history as one of the biggest speculative bubbles ever, not to be seen again for a long time.

Don't get me wrong, I think ccur has some more upside, but lets don't get carried away.
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