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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: Christiaan McDonald who wrote (2525)2/9/1998 10:39:00 AM
From: Christiaan McDonald  Read Replies (1) of 21143
 
Our strategy for CCUR for 98 is to maintain our long position but
trade the short term cycles. In 96 we did very well trading. In
97 we also did very well holding but we could have done much better by doing some trading. This stock is still very much in
the hands of the market makers and will remain so, barring some
really significant development, until the latter part of this year. Obviously reading the posts of the market makers they intend to trade this stock between $2 and $3 so we are going to
do the same thing with some extra money we have. There's an old
saying "when in Rome do as the Romans do". If we get a blow out
announcement, then we still have our long position. In line with
our trading strategy, we sold some when it ran up last week and we
will look to buy again at the lower end of the trading range.
Just keeping everyone posted in case anyone is interested.
Ken
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