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

To: The Ox who wrote (7220)	2/18/1999 4:47:00 PM
From: Valery Portnov	Read Replies (2) \| Respond to of 21143

It is not a great pleasure to read this thread. I wish we had more cool heads like TA people. Well, I sold half of my position at $5.00 and then 1/3 at $4 1/16. Not buying yet but keeping my powder dry. IMO what is going on now is just re-evaluating of CCUR based on rather modest earnings. This stock probably deserves trailing PE of 40 which means that "fair" value is ($0.08 x 40) = $3.20. I think lots of people expected $0.03 which would keep CCUR in $4.50 - $5.00 area. Right not this stock is not a bargain imo. In the past CCUR liked to drift down on low volume after hitting new high. What is my "buy" target? I am planning to put back $15,000 gradually, ideally below $3.00. I would probably sell my remaining shares if we go below $3.50 intra-day. There were lots of people who bought in mid $3 area and they more likely get out to prevent a loss. Finally, I never lost a penny with CCUR by being disciplined and realistic. I am sure one day we'll see $10 but not now. Good luck to all (and PLEASE stop this personal crap!).