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


To: ENOTS who wrote (6144)12/21/1998 10:20:00 PM
From: DEER HUNTER  Read Replies (1) | Respond to of 21143
 
As usual I must disagree with your opinion. Take a look at the trading history from today.

quote.com

It is clear that 'a buyer' came in and bid the stock up into the close again. Click the volume indicator to see last hour volume. It was there. Now....here are some facts and an opinion. I did a study a while back to determine the trading patterns of this stock. I should have posted the results but did not. Maybe I'll update the study and post the findings. Anyway....this stock for the last several years has traded down on mondays approximately 55-60 % of the time. And almost without exception the stock has traded down on 'DOW' big rally days. It is my opinion that this pattern is persisting by design. I'm sure you have heard this before ENOTS..... someone or a group of someone's may be acting together to discourage the purchase of this stock. Think about your own feelings on days like this. You see a soaring 'DOW' and 'NASDAQ' and Concurrent sells off. How many times have you personally bought this stock on these 'discouraging' days? Not many if any at all is my guess. This stock always appears weak yet the long term trend has been higher over the last three years or so. Having said that....I think one can only conclude that this stock is under 'heavy' accumulation. This conclusion is obvious if one looks at all the past insider purchases and complete lack of insider sales. Add all the 'institutional' purchases and the picture becomes crystal clear. Are all these institutional holders as well as Concurrent insider purchasers wrong about the long term potential of this company? What do you think ENOTS? The big money will be made by holding good stocks over a long period of time. I know it...you know it...everyone knows it. Take your eye off the short term fluctuations....take a position you are comfortable with and 'let it happen captain'. See ya .....

DH.....no deer this year. Passed on several small bucks. These small ones will be really nice next year.