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


To: steve olivier who wrote (2984)3/20/1998 10:18:00 PM
From: Arthur Tang  Respond to of 21142
 
Thank you, Mr. Olivier. Looking over the Yahoo big one day chart, the integration of the trades are mostly bid prices. So, it is slightly oversold. A nice move is what should be expected Monday. 4 million plus shares traded but not much more short interest by market makers; so no pull back of any consequence today.

Yahoo chart will be available until Monday morning; take a look. Yahoo's chart is from Nasdaq. Other charts may be from brokerages you use; which may have time distortions. Nasdaq links all brokerages.



To: steve olivier who wrote (2984)3/20/1998 11:03:00 PM
From: jeffbas  Read Replies (1) | Respond to of 21142
 
Steve, what happened to the good old days when a company would be asked by an exchange if there was any explanation for unusual activity?

Satchmo's claim of a deal with SFA but no announcement because of "paperwork" does not quite hang together. It would certainly explain the action but not the lack of an announcement. They announced the ONCO thing with clearly nothing near done. A SFA deal would be much more material.

I for one would like to see a novel legal theory tested sometime - that a company can be held liable to premature sellers for failure to announce material positive events on a timely basis. This would be the logical legal other side of the "failure to announce bad news" coin. It would tend to level the playing field between those who trade on inside information (it happens ALL the time) and those who do not have the access. I hate lawsuits, but I have been burned more than once on this issue - including by CCUR - and think it is an interesting idea.