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

To: Larry Kagan who wrote (17671)	4/27/2002 12:32:51 PM
From: Don Hand	Read Replies (1) \| Respond to of 21142

Atlanta newspaper accessatlanta.com GEORGIA STOCKS: Concurrent Computer up as earnings beat forecasts From News Services Saturday, April 27, 2002 The technology sector suffered Friday, but Concurrent Computer (CCUR), a maker of video-on-demand servers, bucked the trend on better-than-expected earnings for its fiscal third quarter. Its net income target of 4 cents to 5 cents a share for the current quarter also topped analysts' expectations. Shares of Concurrent Computer traded as high as $7.25 before closing at $6.51, up 89 cents. The company expects growing sales for its products that enable cable TV and satellite TV operators to offer video-on-demand services. Industry observers see such services as an alternative to home video rentals, but ones that have yet to become widely available. Michael Lynch, an analyst at Morgan Stanley, listed the size of the video-on-demand market as one big challenge facing the company. Lynch wrote in a research note Friday that Concurrent Computer's forecast of the video-on-demand market --- about $160 million in 2002 --- is lower than its prior expectation of $208 million. In its third quarter ended March 31, Concurrent earned 4 cents a share, compared with a break-even forecast by Wall Street analysts. Revenue from its video-on-demand division jumped 41 percent, year over year, to $14.6 million. It expects the revenue to come in between $15 million to $16 million in its fiscal fourth quarter. The company also makes so-called real-time systems, which process large amounts of data instantaneously for such applications as weather predictions, engine testing and product design. Revenue from this division dropped to $10.5 million in the third quarter from $11.7 million a year earlier. The company expects the real-time systems unit to generate about $10 million in the fourth quarter. The stock hit a 52-week high of $17.68 in January and traded as low as $4.77 last April. Jack Bryant, the company's president and chief executive, said the company expects the North American video-on-demand market to grow to around $480 million next year from the estimated $160 million in 2002. "The visibility is very good, and we have broad customers," Bryant said. As of the end of March, the cable operators that use Concurrent's video-on-demand technology covered 9.3 million basic cable subscribers --- representing about 13.5 percent of the U.S. cable market --- and 2.4 million digital subscribers. Concurrent's customers include AOL Time Warner (AOL), Comcast (CMCSK) and Charter Communications (CHTR).

To: Larry Kagan who wrote (17671)	4/29/2002 6:35:11 AM
From: The Ox	Read Replies (3) \| Respond to of 21142

With the much of the computer industry moving to a blade server architecture focus, does anyone know if CCUR is developing a blade version of their MediaHawk? TIA, mh

To: Larry Kagan who wrote (17671)	4/30/2002 10:50:26 AM
From: George T. Santamaria	Read Replies (1) \| Respond to of 21142

Real-time, as CCUR does is it, yes, indeed is UNIX, a special proprietary version of it for real-time apps. However, the standard versions of UNIX from SUN and others, is not good for the hard, real time applications that CCUR supports. In most OS's, the applications functions execute with priority subordinated to the OS. (Can the firing of a missile wait for Bill Gates?) This hinders the ability of the computer to follow events in real time. By real-time, I mean a response to an external event in 10msec or less. It requires systems which have carefully coordinated interactions between the operating system and the application. Hence, the MEN=CCUR and BOYS=[Office IT world, UNIX, Windows etc.] comparison. Many heavyweights (Ellison, Gates, Nealy etc.) are prancing around CCUR with their nose high but none are able to dig in and make real things happen.