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


To: Christiaan McDonald who wrote (13381)4/14/2000 4:41:00 PM
From: The Ox  Read Replies (1) | Respond to of 21142
 
I've been away from the stock for a while but it has come back into my sights. I've traded the stock a few times since I dumped my holdings to buy my house but not since the stock was trading in the highteens and twentys. The stock price is reacting to the lack of earnings and revenues by CCUR. Regardless of their technology and product development, they haven't been able to show good enough financial results to justify those higher prices. Today was the first time since I sold that the stock has started approaching my long term hold buying level.

BTW, I couldn't agree more on your "young fund mgrs" comment. Few fund managers have ever faced a real bear market and now we have seen how they cope, or lack there of.

When one has a long term horizon, days like today are a little less painful than they are to folks who watch the tape too closely.

Good luck,
Michael