Concurrent Computer (CCUR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Concurrent Computer (CCUR)

CCUR 1,940

-14.0%

Jul 30 2:38 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ENOTS who wrote (14601)	10/28/2000 9:44:20 AM
From: Sam	Read Replies (2) of 21143

It looks like the bottoms held for the DJIA and Nasdaq and the "V" recovery is underway for the DJIA. The DJIA weekly closes have tracked the 1999 closes very closely for the last two quarters so we could easily see the same tracking during the fourth quarter, closing the year around 11500. A Greenspan interest rate reduction after the election could bump that up. The Nasdaq however continues to have problems and has not moved to a buy signal yet. Most of the big cap index components have clearly moved to buy signals, except for Cisco. It continues to have some issue to deal with. What's important about this is that it is a Nasdaq keystone that really controls that market's direction. I'd bet in favor of John Chambers and Cisco coming out fine. CCUR's chart has demand flatlining just above the price. That indicates price drifting down unless we see better news and volume early next week. Friday did see another fund taking a large position in CCUR so we need to pay close attention to the relatively low remaining public float shares.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next