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


To: jeffbas who wrote (7011)2/10/1999 3:32:00 AM
From: DEER HUNTER  Respond to of 21143
 
Jeffrey....yesterdays 20% drubbing was terrible. The earnings report was good and under normal market conditions I don't believe it would have been near as bad. I think this was the worst one day loss the stock has had in many years. Even if it wasn't...it was bad. Technically the stock has broke its trend line and the rally that was in force for 22 weeks came to an end. Now its correction mode again. The general market was overdue as well for a drop. Unlucky timing pretty much sums it up.

One thing that does bother me as well as others is what I have stated to not be happening....that being leaks before earnings reports. I had just told ENOTS that it was my opinion that leaks were not going on and wham. For the life of me I can't understand why an employee of the company felt it was his/her job to report to the world what only the CEO should be discussing in earning reports and conference calls. This event did more harm that meets the eye in my opinion and it better cease now. It is not good for business. Period.

Hopefully today will see a bounce. Good luck.

DH