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Technology Stocks : Concurrent Computer (CCUR)
CCUR 2,5000.0%Nov 7 9:30 AM EST

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To: The Ox who wrote (20956)5/5/2008 1:31:34 PM
From: The Ox  Read Replies (1) of 21142
 
The stock's weakness is a little surprising to this observer.

They have substantially improved margins in both products and services. Especially when compared to where they were at this time last year, the efficiencies are a little more reasonable then my sloth claims. Product margins in the last 9 months have moved from 43% to just over 50% and Services margins have improved from 53% to 59%.

They have managed their cash effectively ($0.30/share) and they have (A/R less other obligations) for another 5 cents per share.

At the current revenue run rate of aprx $77 Million a year, the rest of the company is worth only $25 million or 30 cents per share?

Sure, the accumulated deficit number isn't pretty but one would like to think that number is a reference to the past.

It looks like there is more value then is being reflected in the current trading price!

They created a quarterly operating profit, which hasn't been seen in a very, very long time.

I know the company doesn't deserve a lot of support or respect at this point in the process but it seems to me that they deserve just a little more then they are getting at this time.

fwiw

TO
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