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

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To: Don Hand who wrote (21015)6/12/2008 5:35:48 PM
From: The Ox  Read Replies (2) of 21142
 
Mostly, I'm saying that it appears as though the company does NOT see value in it's own stock at the current prices. There is a difference between using tricks, as you call them, and doing something to defend your stock's price when it appears excessively low. To me, it was a trick to announce the reverse split at the time of earnings. It tricked any and all of the good news into bad news.

I see good value at the current price, but I have for the last 30 cents. I do expect the stock to go up but it won't if they find a way to trick the next decent earnings report into bad news.

This is why I say that the company's upper management appears to be intentionally trying to put a bad spin on things. The only reason for this would be to get cheaper options, imo. None of this is illegal or underhanded. I find it stupid, but that's just me.

I don't think buying your stock back at 40% on the dollar is foolish. In fact, not buying stock back when you can get it for a 40% discount would be very foolish. Especially when you are no longer bleeding at the bottom line.
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