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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 (5137)	9/22/1998 7:36:00 PM
From: Christiaan McDonald	Read Replies (1) of 21143

Very positive report on CNBC a few minutes ago on the movie industry. A study done by Paul Kagan Assocs and others conclude that the movie industry actually does better in a recession. The study says that during tough economic times people want to escape reality, thus more movie watching. Kagan predicts movie industry will grow at a compounded rate of 8.1%/year for the next 15 years or so. Someone who can take notes better than me, who watched, may have other things to add but it seems very positive for vod. Now if we could just wake up the cable companies. Ken

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