Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 2,500

0.0%

Oct 31 9:30 AM EST

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To: x-ray04 who wrote (11909)	12/13/1999 5:49:00 PM
From: Don Hand	Read Replies (2) of 21142

Burned by an old friend Dan Dorfman on www.jagnotes.com around 1 PM. Note the market ignored him. Hey Dan compare it to SEAC and SFA. Why does SFA management sell especially when their products are hot ? Before the stock rises ? --------------------------------------------- Insider Bailout at Concurrent Computer When a stock more than triples from its 52-week low of 3—it's now 18—you can easily understand why corporate insiders would want to sell some of their holdings. But what's not so easy to understand is why they would do so when the apparent hot area that's fueling the stock rise—the emerging video on demand business—has yet to be fully exploited. Further raising eyebrows at the company in question—Concurrent Computer Corp. (CCUR), a supplier of digital video server systems and high performance real-time computer systems—is the fact that three of the insiders, including the chairman and president-CEO—are unloading between 44% and 60% of their holdings. The timing of their sales—from Nov. 3 to Nov. 18, five insiders filed their intentions to sell a combined 948,000 shares—is yet another eyebrow-raiser since it negates the potential tax benefit of holding the shares for the long term. Why the anxiety of the insiders to ditch their shares now and ignore the promise of video on demand? According to the trackers of insider activity at Thomson Financial, it appears that investor expectations for the business are way outpacing those of the insiders. In other words, the people inside the company are far less enthusiastic than the people outside the company.

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