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


To: jeffbas who wrote (2925)3/18/1998 9:05:00 PM
From: Christiaan McDonald  Read Replies (2) | Respond to of 21143
 
Jeff, I think they decline after a reverse split because you
generally have new investors, many who invest in a $2 stock don't
in an $8 stock and especially vice-versa. Therefore, there is
no support. I have seen a few lately have 1:5 and 1:10 reverse
splits and after a few months they are back to the same price they
were before the split. Fortunately, I didn't own any of these
because that really hurts. In some very rare cases a reverse
split works and the price increases. I think for CCUR we should
just have patience. Management is doing the right things. Even
Bill Gates can't hurry up the VOD and if he can't do it how can we
expect CCUR management to do it. I am sure they are doing all they can. Michael ---- I sold out of BOCI a couple of years ago
at $33. Rode it up from $6, so I have a warm feeling for BOCI.
Ken