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

To: jeffbas who wrote (2587)	2/10/1998 7:04:00 PM
From: Christiaan McDonald	Read Replies (4) \| Respond to of 21143

My what a difference a day makes with you Jeff. You re-value almost as often as Oliver does. Depends upon whether you are buying or selling I guess (heh heh). With Oliver it was worth 1.00 (way back), then it was worth 1.50 and then suddenly by some mystery the worth jumped to 2.50 and then lo and behold it dropped to 2.00. You two jokers are a barrel of laughs, you are really something else. I guess you think people are too dumb to figure you out. Ken

To: jeffbas who wrote (2587)	2/10/1998 7:13:00 PM
From: steve olivier	Read Replies (1) \| Respond to of 21143

Jeffrey, I appreciate you looking after my well being, but I am a big boy and will live with whatever decision I make. As for the analysis of the financial results, Mr. Allen is right on. This was actually a better quarter than last. Income from operations (w/o the funny stuff) was $2,199,000 in FY98-Q2 vs. $1,039,000 in FY98-Q1 and $1,433,000 in FY97-Q2. Gross margins were also better. The only negative is the drop in sales, which can be explained to some extent by the transition to software. So overall, the real time business looks OK and is worth maybe 10 times estimated FY99 earnings of $0.20 - $0.25, or around $2 1/2. My issue has always been VOD. All bantering aside, I think they may be close, but they are not there yet. I don't make long-term commitments of my capital based on hope. I have always said when they actually get some VOD contracts, you will have plenty of opportunities to buy at a reasonable price. Until then selling hysteria and buying depression is the way to go. BTW, for what it is worth, I think we are getting close to depression again.