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: Christiaan McDonald who wrote (2983)	3/20/1998 9:14:00 PM
From: steve olivier	Read Replies (2) of 21142

My read for what it is worth is: I am a little bothered by the fact that we traded 4 million shares and only moved up 1/4. You would expect more price movement given that volume. It shows that there are a lot of people who are skeptical of the Company's ability to deliver on VOD and they are selling. Also it is a nice gain for those who have bought in the low 2's. One thing is for sure, if the company doesn't deliver some good news soon, the stock will have a new batch of overhead resistance. I didn't sell today because, even though I have been disappointed with the management on the slow pace of VOD, I think they may have something this time. No inside info, just a gut feel. Also, I think we will get some kind of continued movement next week, since we closed on the high. However, if we don't get something soon I'll be gone. With all the interest in the stock, I should be able to get out at high 2's or better even if this is another false start. If it is not a false start I could be getting out at 4 or better. In summary, I'll risk a little here for a few more days to see if it is real this time.

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