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

To: stephen allen who wrote (3793)	5/20/1998 3:16:00 PM
From: The Ox	Respond to of 21143

I greatly appreciate the clarification. Thanks, Michael

To: stephen allen who wrote (3793)	5/20/1998 5:23:00 PM
From: DEER HUNTER	Read Replies (2) \| Respond to of 21143

Thanks for the info Steven. This was a very strange day to say the least. The trading after the early pop was almost straight down. Stock traded in a perfect channel right into the close. SOES traders must have been involved today. The big one day chart at Yahoo does not capture the trading channel as well as other services. Check both out. quote.yahoo.com quote.com Investors were obviously focused on the perceived negatives in the press release. I see nothing here that is long term negative. Your comments would be appreciated. The segments of the release that must have jumped out at investors were the following: - non-binding letter of intent. - working with multiple VOD server vendors. - the letter of intent is subject to a definitive agreement. - 3 million dollar one time non-cash charge against earnings. - CCUR contemplates that it will issue additional warrants upon achievement of pre-determined revenue targets. DH

To: stephen allen who wrote (3793)	5/20/1998 5:56:00 PM
From: jeffbas	Respond to of 21143

Observations on your post: Counting the 2 million shares, 500-800,000 per $30 million means 7-10 million shares. How much money they get depends on the price of CCUR when wts issued. If the maximum were issued (because of fabulous results) I would guess they would get more than $80 million, since the price would probably average over $10 (unless fewer shares were issued). I think the selling is "sell on the news", figuring this is the last news for a while, disappointment that there is no sales at this time, or any short term likelihood of a takeover.