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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: The Ox who wrote (21040)6/26/2008 3:56:56 PM
From: Don Hand  Read Replies (1) of 21142
 
The LOC is for working capital, and it had all company assets as collateral. You can look at it two ways. They are not using all of the cash+credit therefore sales may be good but not over the top. However the bank is okay with the profit thats coming in IMO to allow the buyback.
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