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


To: ENOTS who wrote (12786)2/10/2000 5:58:00 PM
From: DEER HUNTER  Respond to of 21142
 
i'll take a hard look at the chart later tonight and give an opinion of support and time for a bottom as i see it. Later.

dh



To: ENOTS who wrote (12786)2/10/2000 6:58:00 PM
From: Christiaan McDonald  Respond to of 21142
 
We may be having some selling by small cap funds. I have never seen
a definite upper limit on market cap, it seems to vary with each
fund. For example, I saw a mid cap fund manager talking on CNBC and
his lower limit was a market cap of 500 million. So, by his fund's
rules CCUR is now a mid cap.

Also, value funds may be selling CCUR as it is now more of a growth
stock.

Also, based on past experience, there may be little selling at all,
this may all be the MM's "shaking the tree". When they shake the
tree, it is CHURN, CHURN, CHURN. So it is hard to tell with this
stock what is really going on.

Ken



To: ENOTS who wrote (12786)2/11/2000 12:36:00 AM
From: DEER HUNTER  Read Replies (1) | Respond to of 21142
 
well ENOTS..... for the short term we are apparently in agreement. The high at 24 3/4 was a confirmed move....no non-conformations but it was running away a bit. The correction....and that is what this is... is likely close to an end. The selling is all about investors confusion over recent insiders and institutional sales. IMO... that's all. Just a bout of profit taking and trepidation. I'm not exactly shedding any new light here. But anyway... i see 1st support between 17-18 1/2 which will most likely be broken very soon. The second line is drawn between 15 - 16 1/2 and this would be a great place to add or initiate a position. There is a slight chance of touching 14 1/2 on this move but if it did it would most likely not be there for long....a short flush type move like we have seen so many times before. I would not want to see 14 1/2 broke. I will try to add if it wants to fall anymore. My long term confidence is not shaken in the least. These waves of selling are common as the cold and should be taken advantage of by the fearless. All IMO as always.

dh