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

To: FiloF who wrote (20955)	4/25/2008 9:36:44 AM
From: The Ox	Read Replies (3) \| Respond to of 21142

CCUR's market cap is roughly 1/4 of SEAC's. With the reverse split, CCUR's outstanding share count will be roughly 1/4 of SEAC's and (assuming no change in CCUR's stock price of .72) both stocks are priced in the same range ($7/share). SEAC's next year earnings are estimated at 23 cents and with the reverse split, CCUR's earnings will be estimated at 50 cents (10 times the current estimate of 5 cents). All in all, the reverse split may not be necessary but it doesn't really effect how the company operates. The ability to execute is what will drive the stock price, not the reverse split. As everyone who reads this thread knows, I've been very critical of mgmt's sloth approach to turning things around. I do appreciate the changes made, never the less. At least they've done 2 good things this quarter. They beat on the top line and they've actually managed to have positive bottom line numbers from operations. These are 2 major steps forward. They must continue this type of execution or the reverse split won't accomplish its intended goal. jmo TO