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

To: Robert W. Popejoy who wrote (6870)	2/5/1999 9:01:00 AM
From: jeffbas	Respond to of 21143

Bob, there are two typical circumstances: -The stock is bid 4 5/8, asked 4 3/4. A buyer and seller meet at 4 11/16. The buyer gives it to his customer at 4 3/4, the seller to his at 4 5/8, having agreed on those limits before the trade. You see those prints, neither the bid or asked move or change in volume bid or asked. That is very typical and gives you the double prints you usually see. It is also why it can be frustratingly difficult to buy at the bid or sell at the offer even if you can be there (as I can), because the market is not really trading there. Sometimes, you will even see triple prints when some firm temporarily takes in inventory at 4 11/16 for himself, without a customer, because he knows the demand is there in his firm. -The second situation is when someone is buying a bunch, as we see so often lately on CCUR. You see real trades at 4 11/16 printed all day, then a bunch more real ones at 4 3/4, taking out the offer. What you are seeing is a firm inventorying the stock against a specific order. You would also see the sell print at perhaps 1/16 lower. Then at the end of the day, after the 4 3/4 has been taken out, you might see the whole block for the buyer printed at the new offer of say 4 25/32, although no trades took place at that price. Triple prints here. By the way, that service I mentioned was easily checked last nite for the time and sales of those large blocks. On CCUR potential, it all depends on the success of VOD. If VOD ends up in 5 years available in most cable homes, Blockbuster is out of business, and CCUR is a recognized player with decent market share, I would say $20 is my target. I would increase it if CCUR also turns its realtime business into a real Wind River type growth engine.