Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Goodboy who wrote (7000)	2/9/1999 4:16:00 PM
From: Christiaan McDonald	Read Replies (1) \| Respond to of 21143

Goodboy, a lot of this type of activity in CCUR can be traced back to Cyberguard. I don't know if you were around when this split was made with them but they got 10,000,000 shares of CCUR as part of the split. They were going to make a secondary offering but the market turned against them before they could get it off. Then, to raise cash, they decided to sell the 10,000,000 shares of CCUR. They just dumped this stock on the open market, driving the stock down from 2.25 (at first sale) to $1. They sold Lew Leiberbaum 5,000,000 shares at $1 (and 200,000 to us at $1). This 10,000,000 shares seemed to end up in the hands of traders and the current trading pattern started then. We can't complain, because shortly after we bought our stock it ran back up to 3.75 and we sold much of our stock at around $3. When I refer to our old trading days, I am mostly referring to that one trade which netted us about $300,000 profit. Fortunately, after Dan Dunleavy's "extremely challenging" comment, we bought back in at $1.375 and then we have bought all the way up for an average of a little over $2. Just a little history there in case you missed it. Ken

To: Goodboy who wrote (7000)	2/10/1999 8:12:00 AM
From: Nimbus	Read Replies (2) \| Respond to of 21143

$10M in 99??? Come on. By your numbers their 1000 stream server sells for $350,000 and to get $10M-$15M in 99 means delivery of 28-42 residential systems this year. Do you honestly believe this ? DIVA had a lot more resources at hand and it has been a heroic effort to stand up and maintain 7 systems over the last 30 months. You construct a scenario to suit your ego, not to suit reality. BTW, the recently posted CE article spells out exactly the "replacement technology" scenario I eluded to many months ago that can cause the cancellation of plans to deploy head-end based "VOD-only" servers. It should be taken very seriously and capitalized on. A 2 hour internet downloadable MPEG2 movie at 27Mbps on a cable modem takes just 14 minutes into a $50 slice of a STB or PC Hard Disk, and you can start watching the movie right away as the rest is coming it. Very compelling, as the internet servers have far more content and likely will be very much cheaper than an MSO controlled and priced offering.