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


To: Dave Swanson who wrote (3801)5/20/1998 8:08:00 PM
From: stephen allen  Read Replies (2) | Respond to of 21143
 
The non-binding part of the release had to do with the warrants certificates not being ready to sign yet. The business part of the deal is DONE. The only problem this stock has is it has to many shares are held in retail hands. With this announcement the institutional buyers will easily soak up all the retail sellers. As I mentioned earlier SFA has said the RAMP starts this summer. I'm amazed so many are trying to make "chicken sh-t out of chicken salad." Remember it was a year ago this month that Corky was in the hospital and the stock was 1 1/2. Most of the folks on this thread were pissing and moaning because the stock was up an 1/8 or down a 1/4. The TA guys were yelling CCUR broke support and @1 something i'll load my sack( 100 shares). Mr. Olivier and others were preaching Corky was a ___________, you fill in the blank. Dunleavy was to be hung because of the extremely challenging comment, which was explained numerous times to no avail. Now the stock is up over 100% in a year, the news is exactly what we've all been waiting for. Management has DELIVERED and the stock is going much higher. SFA has made comments that the set-top box business is in the Billions. Now CCUR is a partner and their going to own equity in OUR company and I hear why didn't they release some numbers about the size of the deal. Wake up guys for CCUR it is hugh. Management said today it could DOUBLE REVENUE over the next 12-15 months. Stop trying to micro manage ever 1/8 of a point and enjoy the ride. How many of you are up over 100% over the last 12 months trading your butt off. The fundamentals are in place and the US tax system pays you to wait. Sell if you want but the story is in place.



To: Dave Swanson who wrote (3801)5/20/1998 10:01:00 PM
From: John Soileau  Respond to of 21143
 
I believe it is related to the future obligation to issue stock at a discount to the market price. When this is done, FASB makes the corp adjust
for this with a charge, although it is the painless kind, "noncash".
Correct this if I have it wrong, but I think that's the source of the charge.
John