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


To: satchmo who wrote (3113)3/31/1998 12:24:00 PM
From: The Ox  Read Replies (3) | Respond to of 21143
 
I would like to caution those reading this thread who are not familiar with CCUR's recent history. I seem to recall very similar comments/posts (in general) during the run up this stock saw last year when the price reached $3.50. Many thought that this stock had finally started to make it's much anticipated move. This run was followed by a decline of over 50% from the high.

My point is that the stock's current price does not tell us where we are headed. A few weeks ago this stock was below $2 and there has been little to no news that would prevent this stock from returning to that price. I find the news that someone has taken a 5% stake in the company as very positive but I doubt that news alone can/should sustain the stock's price over $3 a share.

As a long term shareholder in this company I have placed my money and faith in this company's management but I don't feel the *speculation* of many on this thread should be used as investment advice. Hearsay, conjecture is good for discussion but should be taken with a grain of salt when considering going long (or short) this stock.

Good Luck to all.

Michael