Potential to Be Tomorrow's #1 Percentage Gainer on Nasdaq!
ERIC yesterday paid just under $200mm to acquire MSFT's Mediaroom multi-screen video delivery technology solution, giving ERIC a 25% IPTV/multi-screen market share - and a reach of 11mm households! Concurrent (CCUR)'s MediaHawk platform that's now powering the multi-screen services of Virgin Media (VMED) and Jupiter, with a reach of 6.3mm households - now probably deserves a valuation in a buyout of $100mm! Much more industry consolidation is expected to occur in the weeks/months ahead and CCUR could become one of the top priority takeover targets of companies like ERIC, SEAC, ARRS, HLIT, and CSCO! They could all afford to acquire CCUR at a huge premium using just their pocket change, and CCUR would be very accretive to their earnings and increase their shareholder value substantially!
CCUR's video business is currently receiving no value at all, and for CCUR to increase in market cap by $100mm it needs to rise 164% to $18.45 per share! CCUR's MediaHawk delivers video in any format, to any screen, over any network, at any time. It's now powering the breakthrough multi-screen services of Virgin Media (VMED) the largest cable TV company in the UK and Jupiter the largest cable TV company in Japan!
CCUR is a true 'TV Anywhere' play just like ERIC. CCUR has a huge advantage over ERIC being that CCUR holds the #1 largest video-on-demand market share. CCUR's VOD market share of 30% reaches 50mm households! CCUR will likely convince a large percentage of them to upgrade to CCUR's innovative new multi-screen technology this year, which will cause CCUR's revenues and profits to explode through the roof!
CCUR will eventually surpass ERIC's multi-screen market share and CCUR will do it organically without wasting its cash or diluting shareholders to make expensive acquisitions like ERIC. CCUR was actually ahead of ERIC with a larger multi-screen market share before ERIC decided to spend just under $200mm to buy Mediaroom from MSFT! CCUR's upside potential is astronomical!