Technology Stock that Could Double Within One Week!
Concurrent (CCUR) this morning was awarded U.S. patent #8,522,268 for Targeted Video Advertising in Electronic Program Guides! The patent defines a process for creating and incorporating personalized streaming video and images into a subscriber’s electronic program guide (EPG) for the purposes of advertisement. The patented process uses consumer viewing and purchasing habits, as well as menu navigation information, to determine which advertisements are most suitable. The mechanism incorporates the selected advertisements into the user interface of the EPG and presents the associated streaming video or still images as an integrated element of the user interface, for example a picture-in-picture window.
CCUR will EXPLODE from its current price of $7.85 to $15+ next week. Tomorrow is the start of IBC 2013 in Amsterdam, the BIGGEST pay-TV tech vendor expo of the year where CCUR will be unveiling its latest breakthrough video delivery solutions for all screens! CCUR is the global video on demand (VOD) technology market share leader, with clients like Time Warner Cable, Cox, Charter, Rogers, Virgin Media, and Bright House. This is CCUR's 2nd HUGE patent win in the past month!
CCUR just the other day was awarded a patent for demand based caching of video content at the edge of a content delivery network (CDN). CCUR's new CDN assisted VOD solution based on this technology allows pay-TV operators to cost-effectively expand their VOD content libraries from 5k-10k titles to 100k-500k titles! VOD viewership is finally booming in America because VOD now gets counted towards TV ratings and networks are making all of their prime time programming available via free on demand. As pay-TV operators invest many millions to upgrade, CCUR's business is booming with EPS last quarter up 1,200%!
CCUR's current enterprise value at $7.85 is only $40.87mm or just 4.5X its adjusted-EBITDA of $9.04mm! CCUR's main rival SEAC has an EV/adjusted-EBITDA ratio of 12, which values CCUR at $15.56!