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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: B.A.DEY who wrote (9424)6/10/1999 11:08:00 PM
From: Sam  Read Replies (1) | Respond to of 21143
 
CCUR continues in its buy signal although the decreasing volume and lower block trading has reduced the demand to the $8 area. Probably part of the "playing" on weaker hands and margin holders. For a buy and hold investor it's time for self control. For daytraders it's hit and run elsewhere. For accumulators it's sell above $7 and buy more every time it slides back. If there is big news logically it will be Monday. I personally expect that to happen.

The overall market is in its sixth week of a sell signal and down 4 1/2%. The FOMC will tighten .25 at the end of June. Nobody should be on margin in a situation like this. Protecting capital is the name of the game until the expected excellent earnings of the second quarter start getting reported. Strictly my opinions. Sam