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Technology Stocks : Concurrent Computer (CCUR)
CCUR 2,2550.0%Jan 23 9:30 AM EST
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To: Christiaan McDonald who wrote (5249)10/2/1998 10:36:00 AM
From: Goodboy  Read Replies (1) of 21143
 
I missed the conference call, but from the analysts I have spoke with, SFA has 40% exposure to foreign markets and their satellite business was especially hard hit this quarter. The surprise for analysts, but not for CCUR shareholders is that Explorer 2000 set top box shipments started later in the quarter than was expected, leaving revenue projections short (it ain't Corky's fault this has taken so long. SFA has just gotten production up to 10,000 boxes ber week. That number will double going into 1999. They also sighted some technincal problems with the head end services and sqabbling by some MSO's as to which operating system or software to have installed on the box prior to delivery. These factors caused the delay in shipments this quarter. I will give another update after I hear the call, unless someone else has already listned.
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