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: ENOTS who wrote (13604)	5/4/2000 8:05:00 AM
From: ENOTS	Read Replies (1) of 21143

blockbuster??? BLOCKBUSTER recently bolstered its Internet operations through an alliance with TIVO (TIVO) to develop video-on-demand services, and an agreement with METRO GOLDWYN MAYER (MGM) that secures the digital rights to the studio's library of films. "While this may be early evidence of BLOCKBUSTER's broadband strategy, the company does not expect to roll out the technology and products until 2001," Mr. Rohan said. He questioned whether the pace of business development is fast enough to redefine the BLOCKBUSTER brand for the online market. Because of increasing competition, Mr. Rohan recently reduced his earnings estimates to $0.82 a share in 2000 and $1.05 a share in 2001. He expects 2000 revenue of $4.9 million.

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