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


To: ENOTS who wrote (17792)5/9/2002 4:04:44 PM
From: Christiaan McDonald  Read Replies (2) | Respond to of 21142
 
I think James hit the nail on the head when he said, a few
days ago "its SEAC turn now". They have also noticed, as I
posted a couple back, that CCUR is ahead so they will concentrate on SEAC and then they will sell and buy CCUR. In
the meantime, if they run CCUR down during this time, its
time to buy CCUR for their turn, that is, if you want to make a few bucks while the market flounders.

Ken



To: ENOTS who wrote (17792)5/9/2002 4:36:43 PM
From: Valery Portnov  Respond to of 21142
 
ENOTS, the entire world market is in the toilet IMO. We are not even close to be out of the woods. Here where I live (San Francisco Bay Area) half bankrupt companies keep paying their workers six digit salaries, two bedroom/one bath fixer upper in a really bad area sells for $350,00 and two bedroom condo in a nice area goes for $800,000. Who is able to pay this kind of money? Former .com executives.who sell their inflated shares to you and me and then bail out.
There are still plenty of joints with no prospects of profit or even revenues that exist with the soul purpose of paying huge salaries to the executives and selling more shares to fools.

Insiders are selling like crazy, almost nobody is buying even at these depressed prices. Those chambers and siebels have absolutely no decency imo - they made billions for themselves, failed to anticipate economic changes, screwed their employees and shareholders. People are really fed up this time and this market will be cut in half since no sane person would invest here. CCUR is no exception - since last August just one insider purchase of 100 (!) shares and plenty of planned and unplanned sales. It used to be different, you know.
My point is - no way this market turns up (and CCUR) before investors regain trust which has been lost. When economy turns around companies usually buy back their shares, insiders buy (at least stop selling), and little by little investors get enough confidence to get back in. I just don't see it happening yet.

Val