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


To: The Ox who wrote (6605)1/22/1999 2:15:00 PM
From: Albert Cupo  Respond to of 21143
 
After being long in this stock for almost three years I would have to agree with Jeff. This type of sudden high volume tends to appear out of the blue with no specific news and maybe I'm crazy, but it's almost always on Thursday into Friday. The stock is still cheap so MM's who played at two and three are probably still playing at these new levels. It shouldn't bother the longs one bit that this may be driving the stock up this week.



To: The Ox who wrote (6605)1/22/1999 2:58:00 PM
From: Goodboy  Read Replies (1) | Respond to of 21143
 
It is interesting to see that Wind River is getting hammered today. The stock is down $15 to $35 on rumors from lehman analyst that they will miss their earnings or simply report in line with expectations. We know that CCUR has made inroads into their business with the deal Corky spoke about on the conference call. I wonder if they have been making other big wins against Wind River?

I agree with others here that the conference call and earnings release are going to be positive for the stock. Buyer this week was not typical retail. In fact, White Rock did just this back in April and May as they broke the filing mark, they bought up the stock to over $4 and than weeks later we had our first deal with SFA. As I mentioned long ago, these guys do better homework than most. They have a good research staff (including the guy who lost to Tiger Woods in the finals for Tigers last amateur title), as former short sellers they are good at sniffing out bogus companies or funny accounting, they work closely with Soros and are partially funded by him and they have a track record of sucess in getting into small companies in growth areas before the market figures it out (witness DDIM $3 to $30, Igen $4 to $38) and they tend to sell a big chunk into the hype.

When things start to happen on CCUR (as if they already haven't) I think we will make up for lost time in a hurry. I only have until the end of March for this stock to hit between $8 to $10 according to my first post on this thread. Right now, the action is looking good.