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: DEER HUNTER who wrote (9099)	6/4/1999 12:36:00 AM
From: jeffbas	Read Replies (1) \| Respond to of 21142

I believe that the stock action is different than at any time in the past (although didn't it trade millions for days on end when it hit 3 1/2 a couple of years ago). I am assuming a dramatic announcement is coming "soon". If I knew for a fact that one was not, I would scratch my head and probably sell 1/2 my position. That reasoning is probably where the supply is coming from now. Big blocks at the bid don't even budge it, which Steve would probably tell us is the sell side of a trade crossing slightly above the bid, with the seller getting the bid. If big sellers can sell above the bid it suggests we still have very strong demand. Therefore, I do not believe this is an intermediate term high, although I would not be surprised to see it stall here in the short term -- pending news. As an additional thought, I believe the buyers believe that something important is coming. I will take that at face value. In my opinion, if the news is dramatic but not utterly fabulous we might see a spike and then a selloff. But what if CCUR gets important business and SEAC gets none. That would be exceptional news and we might be quickly over $10. In either case, we should not sell here. I happen to know from another investment that Windows NT has caused problems for companies. Maybe SEAC has been having some of these difficulties, as was suggested on a Yahoo post yesterday.