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


To: jeffbas who wrote (7202)2/18/1999 9:59:00 AM
From: steve olivier  Respond to of 21143
 
Jeff, I agree with your strategy when it comes to any stock. I think the reason that some on this thread are upset is that ccur is too large a position relative to their net worth. I like this stock because 1) they are in a growth industry; 2) two investment firms have not only taken a position, but have increased those positions at higher prices. I have said before that this is significant because these types investors don't throw good money after bad. If they thought ccur was not going to be a player, they would have dumped their original positions, not increase them.; 3) the stock is very liquid and easy to trade; and 4) it has no wall street following yet.

I have said it before and I will say it again, my strategy is to maintain a base position and trade around it- ie. if it gets too hot I let some go and if the mm's are pounding it I take some.

PS even though some say my market talk is useless, the stock is well bid and we are only 10 offers from being back to 4 1/4.