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

To: ENOTS who wrote (14601)	10/28/2000 9:44:20 AM
From: Sam	Read Replies (2) \| Respond to of 21143

It looks like the bottoms held for the DJIA and Nasdaq and the "V" recovery is underway for the DJIA. The DJIA weekly closes have tracked the 1999 closes very closely for the last two quarters so we could easily see the same tracking during the fourth quarter, closing the year around 11500. A Greenspan interest rate reduction after the election could bump that up. The Nasdaq however continues to have problems and has not moved to a buy signal yet. Most of the big cap index components have clearly moved to buy signals, except for Cisco. It continues to have some issue to deal with. What's important about this is that it is a Nasdaq keystone that really controls that market's direction. I'd bet in favor of John Chambers and Cisco coming out fine. CCUR's chart has demand flatlining just above the price. That indicates price drifting down unless we see better news and volume early next week. Friday did see another fund taking a large position in CCUR so we need to pay close attention to the relatively low remaining public float shares.

To: ENOTS who wrote (14601)	10/28/2000 9:45:27 AM
From: Don Hand	Respond to of 21143

AJC accessatlanta.com Concurrent Computer on track despite loss DAILY INVESTING REPORT Kathy Brister - Staff Saturday, October 28, 2000 Concurrent Computer Corp. reported a loss for the first quarter, but company officials and analysts agree it's on track with plans to carve a niche in the burgeoning video-on-demand market. The Duluth provider of video-on-demand hardware and software reported a net loss of $1.6 million, or 3 cents a share, for the quarter ended Sept. 30. That beat Wall Street's consensus for the quarter by 1 cent. A year ago Concurrent ended its first quarter with a $2.6 million net loss, equal to a per-share loss of 5 cents. Revenues for the quarter were $16.3 million, compared to $15.7 million a year ago. Sales of video-on-demand products and services were $5.4 million, five times higher than video on demand sales of $1 million in the first quarter last fiscal year. Sales in the company's real-time division --- which sells hardware and software for to-the-minute applications like weather monitoring and flight simulation --- dropped to $4.7 million from $6.5 million a year ago. The drop in real-time sales was expected and is in line with 19-year-old Concurrent's strategy to reinvent itself, said Robinson-Humphrey analyst Greg Mesniaeff. Wachovia Securities analyst George Hunt said revenues were slightly below his estimates, but he was pleased with Concurrent's announcement that it was bidding for video on demand contracts in 25 cities. Mesniaeff said he's been pleased with the performance of Concurrent's new Chief Executive Officer Jack Bryant. Bryant this month succeeded Steve Nussrallah who in December will become a general partner of Atlanta venture capital firm Noro-Moseley Partners. Nussrallah, who brought in a combined salary and bonus of $415,411 last fiscal year, is stepping down from the CEO post with a severance package worth more than $1 million. He will stay connected to Concurrent; shareholders elected him chairman of the board at the company's annual meeting Thursday.