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

To: James M. Bash who wrote (14670)	11/10/2000 11:38:40 PM
From: Sam	Respond to of 21143

My post was not political. It was financial. The class action lawyers are so aggressive today that they might try something like this. There is a Hell of a lot of big money going down the drain right now when Wall Street was expecting a rally.

To: James M. Bash who wrote (14670)	11/13/2000 12:36:07 AM
From: jeffbas	Read Replies (1) \| Respond to of 21143

You are missing all the ramifications James: In my opinion, Gore is likely to win as things are heading: -I guess that the Federal court lawsuit will not stop the manual recount, although the State's finding that the Palm Beach ballot was legal is mildly helpful. -Logic would dictate that the next (appropriate) line of defense for Bush would be to extend the manual recount to the entire state, since if a manual recount is the "best" count in Democratic areas "equal protection under the law" and consistency should provide that count to all Florida residents' votes. I think that the net result of this would be more additional votes for Gore than Bush's margin, and Gore would win Florida. -The last line of defense for Bush would be the other states, where it is quite unlikely he could overturn enough to pick up the needed electoral votes. These recounts could easily take a month, based on the time to do the 1% sample, and do enough damage to the stock market, confidence and the housing and auto markets (who would make a major financial commitment now) to ruin the Christmas season and precipitate a recession (no matter what the Fed does). While CCUR should do fine fundamentally in that kind of economic environment, its stock would be at risk, and I sure hope I am wrong. By the way, I spoke with one CEO last week who was angry about the situation, pointing to the people who were being wiped out financially in the market and the likely ancillary economic impacts. (I am sure Richard Daley, the Chicago mayor who allegedly voted all the dead people on the rolls in the 1960 election, would be proud of his son. Too bad Gore does not have the class to ignore him and put the country ahead of his ambition, like Nixon and Ford did.) (Under my scenario, long term, zero-coupon Treasuries might be the best investment.)