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

To: jeffbas who wrote (3126)	4/1/1998 11:00:00 AM
From: Albert Cupo	Read Replies (1) \| Respond to of 21143

Overall, this thread is great thanks to Ken, Deer Hunter, ENOTS (and GOODBOY, when he was around)..the rest of you guys are sorry ....I'm out of here.. Good luck to all CCUR LONG INVESTORS......

To: jeffbas who wrote (3126)	4/1/1998 11:28:00 AM
From: satchmo	Read Replies (3) \| Respond to of 21143

mr bash: while i recognize that mr olivier works for peaty and counts beans for a living, i thought you had a more interesting way of killing time. for the record, i have been investing for almost 20 years and have been a professional in this industry for 15 years. oh yeah, and i forgot, i was awarded my charter as a financial analyst (CFA) in 1987. my area of expertise an an investor is accounting. i enjoy figuring out what the accountants are and are not telling us when they put together a set of financial statements. i may or may not be as knowledgeable as you two nerds because i do have an active life and a broad interest in culture, but analyzing balance sheets and statements of changes is something i "know something about." if you two geniuses actually forgot more than i will ever know, you must have been real smart and, by your own logic, must now be real stupid. stupid enough to own sulcus computer? ps here's my last "hype" for you sorry dogs: at the cable show in atlanta in may, sfa will feature its set top box intergrated with a ccur server. now you knuckleheads can start all over asking how i know, who told me, etc. oh, and another thing, should we have a philosophical discussion about "current ratios" and why some people, myslf included, are not necessarily impressed by high numbers that just may indicate a management that is not focused on generating strong returns on invested capital. what is the point of sitting on liquidity? earning the stockholders 5% on cash deserves what kind of p/e? some of the best companies i have analyzed actually run indefinitely with ratios below 1, which indicates to me that they are astute at not burying capital in places where it will not benefit shareholders and are talented at "borrowing" from the people they do business with. what is wrong with that mentality? my experience tells me that the managers who manage working capital as tightly as they can also run their operations better, pay fewer fees to stupid investment and commercial bankers, etc. is this kind of discussion something accountants even consider?