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

To: Don Hand who wrote (14920)	12/27/2000 6:31:29 PM
From: Don Hand	Read Replies (1) \| Respond to of 21142

Morgan Keegan's Arenson on Concurrent Computer's Sales: Comment cnetinvestor.com Morgan Keegan's Arenson on Concurrent Computer's Sales: Comment 12/27/00 1:55:00 PM Source: Bloomberg News Dallas, Dec. 27 (Bloomberg) -- Murray Arenson, an analyst at Morgan Keegan & Co. in Dallas, talks about Concurrent Computer Corp., whose shares fell after the company said fiscal second- quarter sales will miss forecasts because a cable-television operator delayed an order for video-on-demand software. Concurrent Computer is at least the ninth maker of cable- television and telephone equipment since October to say sales or profit will be less than expected because customers cut spending. Video-on-demand lets people choose from hundreds of movies and store them and TV shows for later use. ''Concurrent remains resolute that the order is there, the order will lapse into the next quarter. I don't honestly have a reason to doubt that. There are concerns regarding spending patterns in the cable arena right now.'' ''There is always the danger in the business model like this that your orders lapse from quarter to quarter. This is magnified given the (early) stage of the video-on-demand rollout. Beyond that, I don't see any larger, industry statements being made here.'' ''What has investors concerned is shortfalls in spending coming from the customers at the cable operators. I'm not aware of anyone making wholesale changes to their capital budget, particularly to video on demand. If you were at the Western Show (a cable conference last month), the overall impression was that 2001 was the breakout year for video on demand.''