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To: Logain Ablar who wrote (1129)5/26/2000 2:00:00 PM
From: John Pitera  Read Replies (1) | Respond to of 2850
 
I'll keep an eye on CCUR, they are in a fairly low
visibility area in terms of going into the black, but
I'll keep an eye on them.

I see the stock initially moved on the TWX and COX news
last month......

-------Concurrent in Time Warner Cable pact

By Debra McGarry, CBS MarketWatch
Last Update: 6:43 PM ET Apr 27, 2000 NewsWatch

ATLANTA (CBS.MW) -- Concurrent Computer shares powered up 27 percent Thursday after the provider of high-performance computer systems and software announced it will supply its Video-On-Demand (VOD) equipment to Time Warner Cable.


Financial terms of the deal were not disclosed.

Concurrent (CCUR: news, msgs) shares advanced 2 7/16 to close at 11 1/2 on volume of 3.75 million shares.

Time Warner Cable, a unit of Time Warner Entertainment, owns the world's most advanced cable television operations.

Concurrent will supply Time Warner Cable with its VOD equipment for calendar year 2000 and 2001.

Concurrent's MediaHawk VOD system is commercially launched at Oceanic Cable in Hawaii and is testing stages at Time Warner's Tampa division. The MediaHawk system is a network of video servers and specialized software applications.

Earlier this week, Concurrent announced a similar pact with Cox Communications. Atlanta-based Cox said it selected Concurrent 's VOD hardware and software for residential customers.

The nation's No. 5 cable television company (COX: news, msgs) plans to introduce VOD services for a limited number of customers in San Diego later this year. The services enables customers to instantly view digital movies.

Debra McGarry is an online reporter for CBS MarketWatch.-------



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Concurrent Computer Corporation designs and manufactures high- performance real-time computer systems. A real-time system is a system designed to acquire, process, store, and display large amounts of rapidly changing information within microseconds, as changes occur. The company's systems provide real-time applications for gaming, simulation, engine testing, air- traffic control, weather analysis, interactive video-on-demand, multimedia, and mission-critical data services such as financial market information. Concurrent also designs and manufactures high- performance digital video servers for the cable, hotel, intranet, distance learning, and related markets that provide video-on- demand and interactive video services.