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


To: Dave Swanson who wrote (6179)12/25/1998 11:18:00 PM
From: Goodboy  Read Replies (1) | Respond to of 21143
 
Soros has been in the stock for over 2 years. The CCUR position's size in comparison to the size of the Soros fund is of equivilent significance to me spitting in a lake. I would consider the recent (98) purchases by White Rock far more significant (they also have Soros money). What should be considered even more important is that during the period that White Rock made their purchases of over 2 million shares, the stock ran up to $4.50. While I know there were a few other large investors buying stock before and after the Bartons (White Rock), nobody tried to buy that much stock in a short period. What this should tell you coupled with the nearly unchanged positions of the major holders is that when new money shows up (and it will) how fast and strong the move will be. It won't be a .com type move, but for a low risk small cap high tech stock, this one will look great. In case anybody had forgotten, doubling or tripling your money on a value based investment is a huge success. The people who will win big here are the people who have had the confidence to build while others have sold. I don't think we have the next $3 stock headed to $50, but I do think we have the next $3 stock headed to $10. Merry Xmas