Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 2,255

0.0%

Feb 6 9:30 AM EST

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To: Valery Portnov who wrote (5857)	12/3/1998 2:35:00 PM
From: The Ox	Read Replies (1) of 21143

The bright spot is that this pull back has been on very light volume. To me this suggests that the selling is short term traders taking profits. It took 800K to move us up 3/8s point and much less then 300K to take us down to the current level. We have seen the stock jump with the recent news releases which indicates there is a decent level of interest in CCUR. A quick look at today's trading action, shows the drop from 3 5/8s to 3 9/32s was on extremely light volume. I'm not sure we need the earnings projections for next year. CCUR is at the mercy of all the big players in the cable rollout. One large customer delaying orders for a few months could possibly rock the stock, but I believe we may see delays, not cancellations. We are starting to see the orders trickle in. This is adding validation to CCUR's pitch. We know the company can ramp up production at anytime. We are seeing all the major set top boxes confirm that they work with CCUR. The story gets better everyday, whether or not the stock price reflects this.

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