SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Concurrent Computer (CCUR)
CCUR 2,2550.0%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gordon Vasquez who wrote (4)9/8/1996 6:58:00 PM
From: stephen allen   of 21143
 
This is a definite HOMERUN. I met with the management this past thursday and they are very confident about turning this company around. This is the fifth turnaround for Courtney Seigel, an ex G.E. man, and he clearly knows what he is doing. There are two divisions that have the real homerun potential. One is the Inreractive Real-Time, which is video on demand servers and wagering and gaming systems. The other is Telecom/Software, which is involved in digital cellular, data communications, medical oem's etc. Each of these markets are growing at a compound annual growth rate of 110%. The CEO purchased 30000 shares this past wednesday at 1 15/32. Iwould expext to see the announcment of some contracts in excess of 20 million dollars in the next month. For this stock to be selling at 1/2 of revenue is crazy. I would expect tosee a move to 3 - 3 1/2 in the very near future, anf if the company continues to receive new contracts to trade at over 10 in the next 12 months.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext