Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 1,940

-22.4%

Jul 30 2:38 PM EST

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To: bowling who wrote (21017)	6/12/2008 6:28:08 PM
From: The Ox	Read Replies (1) of 21142

I don't have a problem with the reverse split itself. As Don pointed out, it doesn't really change much for the current shareholders except the trading float. It might allow for funds who are restricted from buying stocks below $5 to start investing in the company. I pointed out AVNX because they were in the exact same boat as CCUR was with respect to being out of compliance with the NASDAQ regs. Instead of tucking their tail between their legs and basically saying: "Oh well, there's nothing we can do except a reverse split", AVNX took a different approach. One can point to the history for CCUR and the past reverse split done about 12 years ago, if my memory serves me. It came right before some of the worst bottom line performance shown by this company. I certainly would like to believe that this won't reoccur. I'm not selling my shares at this point, as I don't think its a good idea to sell at a 40% discount. In fact, I picked up a few more shares recently. However, the company may be fooling me but I'll take the risk at this point in time. Assuming that they are not lying about their short term future, I can wait a few quarters for all of this to play out. If I lose, it won't break me, that's for sure. Its a long shot play and has been all along. I just hate to see what appears to be stupidity being shown by the company. At this stage, I'm in the camp that they are doing this for person greed reasons....cheaper options in the short term. We'll see.... jmo TO

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