imapedestrian

CCUR: Unknown Stock, Huge Opportunity

I wanted to write this one up myself... Steve beat me to it.

I agree... I think it has bottomed here and that the risk/reward profile is pretty clear.

You get a company with a stable balance sheet, not too much debt and pleny of cash. Revenues appear to be growing, even if it is not at an impressive rate so far. Also, you have a new management team that has shown signs of actually changing things.... cutting costs, refreshing marketing efforts and development strategy.

If this thing goes down more it will because the entire economy is tanking.

I spoke with Kirk Somers recently who mentioned that CCUR has had initial discussions with YouTube and Hulu about intergrating the MH4500 VOD software on to existing servers. They currenlty stream videos pretty inefficently and there is huge opportunity for improvement. CCUR is the only VOD supplier I know that is hardware agnostic and could pull this kind of thing off. All other providers require the buyer to use their hardware. In this environment, who wants to buy hardware if you do not have to?

King probably has a very bad taste in his mouth (as do I) because he used to be very bullish on this stock when it was much higher (see Yahoo message board posts). I have a blackeye and a broken jaw from this thing, but have to admit that even though I experienced the giant tumble I am pretty excited about it here. Sold most of mine a bit higher than it is now, and am getting tempted to get back in.

Disclosure: Slightly long, somewhat bruised and beaten but feeling a bit better.