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Technology Stocks : Concurrent Computer (CCUR)
CCUR 1,940-14.0%Jul 30 2:38 PM EST

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To: coopie who wrote (2508)2/8/1998 11:58:00 PM
From: DEER HUNTER  Read Replies (1) of 21143
 
Hi coopie.....I guess I wasn't surprised of the sell off on Friday. This stock has sold off on almost every press release in the last six months or so. Even some of the more positive news releases have been greeted with selling. Go figure. There has been two analysts who have been following this stock in the past. One was from Lew Leiberbaum and the other was from Southwest Partners I believe. I have not seen an updated report from either analyst for some time now. I believe the earnings report was viewed as long term positive. That goes without saying really. Then why did the stock go down? Traders I guess.

The stock is definitely in an uptrend right now. Since this rally began just several weeks ago I believe the stock can run for a while. This is just a gut feel because you and I both know that forecasting price movements in this stock has been very difficult. I see support at 2 3/16. Good luck.

DH
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