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Technology Stocks : Seac - Seachange New IPO

SEAC 3.350

-4.3%

Oct 22 10:15 AM EST

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To: Ron who wrote (314)	10/11/1999 8:17:00 AM
From: ENOTS	Read Replies (1) of 431

The Future of Cable, by Steven Abernathy Concurent Computer Corporation manufactures crucial hardware and software to make video on demand possible. With VOD, you can call your cable service from home, order any program or movie in its movie/video library and see it immediately-or at any time you want. Its equipment is what cable operators must install for VOD to work. Cable operators are just starting VOD buildouts - and Concurrents products are part of the operators upgrades. Concurrent cable products are based on sophisticated technology it developed for military use in war training. The pace of growth will be fast. Concurrent which had $2.5 million in revenue from its real time business last year, will have, we believe, almost $100 million in revenue by fiscal year 2001. NASDAQ:CCUR Atlanta, Recent Share Price $6 11/16. Fiscal Year: June. Earnings per share: 2001 estimate/$0.70...2000 estimate/$0.16....1999/($0.03). Steven Abernathy is principal of The Abernathy Group. 20 Exchange PL.New York 10005, which has $180 million under management. For the five years through June 30, 1999, the firms annualized rate of return was 32.39 compared with 25.18 for the S&P Index.

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