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


To: ENOTS who wrote (10322)7/26/1999 4:27:00 PM
From: Christiaan McDonald  Read Replies (1) | Respond to of 21143
 
If the same old pattern as always is followed, look for a huge effort
in the next 3 days to break the 50 DMA. This will shake out the
few traders that are still long the stock.

FWIW Dept. There seemed to be several pretty large buys of 20 to
30 thousand that were above the current ask price. For example, one
of 30,000 was posted at 6 1/4 when the stock was 6 1/8 bid and 6 3/16
ask.

Ken



To: ENOTS who wrote (10322)7/26/1999 6:14:00 PM
From: DEER HUNTER  Read Replies (2) | Respond to of 21143
 
i never short anything..... but if i was a shorter i would not short this one. Another short term sell signal.... from what i watch....occurred on 7/16 at 6.66. The previous buy occurred on 4/30 at 4.13. So.... the stock has been trending very well..... very predictable lately so I expect that to change a bit. I see support at 6....then 5 1/2....then 5. I doubt we see 5. Stock has consolidated for approximately 6 weeks now off the 7 1/2 high.... holding very firm IMO. My guess??? ....i feel 5 5/8 would be a great reentry point with a rally this fall into the low to mid 8's. I know I know....the fall?.... Yeah.... some very encouraging news is likely this time on the CC...... allowing the stock to rally this fall against a general market shake out. My opinion only as always.

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