Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 1,940

-14.0%

Jul 30 2:38 PM EST

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To: jeffbas who wrote (11995)	12/17/1999 5:50:00 AM
From: Christiaan McDonald	Read Replies (1) of 21143

Jeff, that insider trading was reported in the Wall Street Journal, with commentary, earlier this week. The WSJ said 5 insiders sold almost one million shares total. That was Monday or Tuesday when that appeared in Section C of the Journal. Also GIC had a good bit of insider selling which was reported and commented on. Bob Gabelli was the one doing the commenting. He said it indicated profits were going to be lower in these stocks in 2000, which is clearly wrong in CCURs case. So I think it has already hit the stock. I would be very surprised to see any reaction today. What we are seeing here, in my opinion, is evidence that the MM's (actually their big customers are who I am referring to here) sold above 18 and now they are trying to reload. It has been obvious for about 3 days now that they were going to take the stock lower. They will shake the stock out good, reload their inventories, and then move the stock above 20, especially if we get the analyst that Sam was talking about. Ken

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