StockIceMan's Weekly Stock Pick
Week of July
1st, 2002
| Stock: |
Concurrent
Computer Corporation |
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| Ticker Symbol: |
CCUR - Nasdaq -
Computer Hardware |
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| Buy: |
4.25 to 4.75 |
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| Sell: |
10.00 + |
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| Info: |
Concurrent
Computer Corporation (Concurrent)
is a provider of computer systems
for the emerging video-on-demand
(VOD) market, through its Xstreme
division, and real-time
applications, through its Real-Time
division. Concurrent provides VOD
servers and related software,
primarily to residential cable
television operators that have
upgraded their networks to
support interactive, digital
services. The Company's real-time
business provides high-performance,
real-time computer systems used
for simulations, data acquisition
and industrial process control
applications. Concurrent markets
its real-time computer systems to
United States government prime
contractors, agencies of the
United States government and
commercial markets where the
immediate capture and delivery of
information is critical. |
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| Financial Info: |
For the nine
months ended 3/31/02, revenues
increased 16% to $61.6 million,
while net loss decreased 88% to $650
thousand. |
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| Key Ratios: |
Current
Ratio: 3.01; Total Debt/Equity: 0.00,
P/E: N/A, Price/Book: 4.42, Price/Sales:
3.48 |
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| Share Info: |
There are 61.9
million shares outstanding with
58.8 million shares in the
trading float. 299 Institutions own
approximately 71.0 % of the
shares outstanding. There has
been 1 insider selling a total of
10,000 in the last six months.
As of 5/8/2002, there were 3.02
million shares short.
Net Institutional Selling: 2.90
million shares: prior to latest
quarter. |
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| Articles: |
Coverage
initiated on Concurrent by HC
Wainwright |
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Concurrent
Partners with PowerSource to
Provide Comprehensive VOD Over IP
Solution |
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