Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 2,500

0.0%

Nov 7 9:30 AM EST

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To: The Ox who wrote (20956)	4/25/2008 10:02:23 AM
From: The Ox	Read Replies (1) of 21142

I would have liked to see the company authorize a 10 million share buyback. If the sellers would drive the stock back down into the .60s or lower, it would be a very good use for some of the $24 million they have in cash. $6 million to lower the # of shares outstanding from the 83 million to 73 million levels seems like a good approach. They would not be required to actually buy the shares regardless of how low the stock falls but it would be a signal to the street that they feel the stock's price has fallen too low. fwiw... TO

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