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

To: BILL G. who wrote (3590)	5/3/1998 12:55:00 PM
From: DEER HUNTER	Respond to of 21143

Ok....I still believe it would be smart to diversify a little. I personally have my monies in five different stocks and also have some in a growth mutual fund. Successful investing most of the time comes down to having intense patience. I have large positions in all stocks and sleep very well because of the diversification. If I had 'all' my money in one position I probably would sleep very little.....just my thoughts. Here is another suggestion. Buy a trial to IBD's 'Daily Graphs' and look through the chart books for several months and pick 4 or 5 companies that appear to have superior long term prospects and buy them on pullbacks. Take a few months to establish all the positions. But before you buy anything ask yourself this question. After reviewing all the available public information and having talked with the companies PR or Investment relations department and CEO(if possible) do I feel confident this stock has the potential to at least double in the next five years? If the answer is 'yes' then do it and sleep well. Just more food for thought. DH

To: BILL G. who wrote (3590)	5/3/1998 3:33:00 PM
From: Ed Newman	Read Replies (2) \| Respond to of 21143

BILL G Funny how excited everyone is till they hear someone else say, "I am throwing caution to the wind on this one, what do you think?" Frankly, the professionals can't afford to make such risky plays and are very disciplined. But Gerald Loeb wrote in one of his books that there are rare occasions when a person might want to put a big chunk all in one basket... and watch the basket! The more difficult question is in regards to your five or ten year issue. I see too highly speculative "killing" type things you could do. One is to put large sum (whatever you intend) into CCUR monday and when it doubles take half out... let the rest run.... OR when it goes up 50% take 2/3 out and let the rest run.... Either way, whatever happens long term is all yours... no matter what happens. Another way to play is to buy chunk with portion of the money and accumulate more if the stock continues to follow good pattern. If you buy , say, (for example sake only) 10,000 shares at 5 (50K) then add 4000 shares at 10 (40K) then 2,000 shares at 15 (30K) and another 1000 shares at 25 (25K) you will have accumulated 17000 and your average price will be VERY close to the low end of things. If the stock retreats 20% from any point (except the beginning set) you will be ahead when you sell. I saw this in a book, by the way... it is called the "safe" way to pyramid.... But you need to get out quickly if fundamental change occurs and deterioration sets in. NOW I KNOW people will say you are crazy to even consider such things... but crazier things have been done. I know a guy who took a "crazy gamble" on John Deere when it was in Chapter 11 trading at 3. Bought 100,000 shares because he said the company was "too good to go out of business"... He has more than fifty million dollars today. CCUR is a turnaround story but with significant connections, quality products, long on experience, and relatively underfollowed. There is a large float, which means the "big boys" can get in the water without creating too much splashing... and ... well... we'll see what happens. ed