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

To: Christiaan McDonald who wrote (6572)	1/21/1999 9:05:00 AM
From: Goodboy	Respond to of 21143

I don't disagree with you Ken, but I have been focused for some time on the Real-time "SOFTWARE" potential where those economies of scale that you pointed out exist for the Real-time hardware manufacturing. I just added an article that points out there are a lot of smart silicon valley people who understand embedded systems are the future. Microsoft has a "HUGE" effort that started from scratch over two years ago. They are trying to get the main product developed from that effort, Windows CE, into as many devices as they can. Where they fail is in areas that a consumer graphical interface isn't needed. In high end situtaions, products from Wind River and now CCUR can outperform them. No doubt MSFT will attempt to make aquisitions in this area. Wind River has been a dynamo over the past 5 years. The stock trades at over 50 times earnings. Corky wasn't around at CCUR back in the early 90's when they had a chance to move from closed hardware systems to open systems and real time romable OS's. In two years, he has artfully gained new CCUR hardware customers, hasn't alienated any of the existing CCUR hardware buyers (witness the Aegis contract and the many buys from long time clients) and very quietly has moved CCUR into the embedded software space without breaking the bank on R & D. I don't know this, but I am guessing. He merged Harris with Concurrent and then had to make a major strategic decision. Where do you pour your limited R & D dollars being generated by the hardware servicing business? He could have attacked the embedded space and gone head to head with Wind River, the industry leader or he could pursue VOD and attempt to become the industry leader (VOD is where the real time embedded market was in 1992 or 1993). I think he chose correctly and the fruits of his decisions and work are slowly emerging on the surface. But more importantly, inside of this tremendous effort that has placed CCUR from obscurity to one of the top two players in VOD, he has managed to reinvent the companies real time effort, create a romable OS and development environment and begin to sucessfully market it against the likes of Wind River. Two home run businesse embedded (sorry about the pun)inside of one little company about to break into an established high growth business and emerging as the leader in another major high growth business that is in its infancy. A $200 million dollar market cap, no analyst coverage to speak of and a CEO that up to this point has been content to show results rather than promote them in the press. In fact, he had been ridiculed by many investors as a hype artist a year ago yet he has and is delivering most of what he said (except ONCO but that isn't over yet) and much more that wasn't widely expected (real time software success). Who should cover this company from the borkerage industry. The same guy who covers Wind River, the guy who covers the cable industry, the guy who covers the computer server market like Sun and SGI, the guy who covers the cable equipment market, the guy who covers the telco equipment market, the guys who cover the internet technologies for streaming video? The answer is that CCUR has something that all of them could cover. It doesn't fall into one category. A strategic split of the company could be very beneficial for coverage, focus, funding, performance and image branding (Concurrent Computer - real time servers and software, Mediahawk - Video servers and software). I have to stop now or I am going to end up putting in an order to buy more shares.