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Technology Stocks : FORE Inc.

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To: Bald Man from Mars who wrote (7136)1/9/1998 7:44:00 PM
From: Paul A  Read Replies (1) of 12559
 
damn, you ARE bad luck.. christ!!!

What a day no?? Actually, we did ok.. My take on FORE itself is we held up well the last 2 days while some other stocks got skimmed.. Today, when it became evident that it would be a broad correction, the big money backed away- only taking bits and peices as it fell just in case it rebounded. 15 seems to be solid support. We passed that test, but if next week continues this madness we will break thru.

Nothing has changed since last week. Remember that. Earnings are due out shortly, and all indications now are that it will be fine. What little experience I have with this stock tells me that FORE tends to be very irrational. to gain/loss 1-2 points in a day is not uncommon here.. Remember that little dip we took durring the xmas short sessions? only to regain it all back in one day and then some..

Lets pray we get some support from the anal-ysts that have their folks in this bugger... im STILL happy I stayed here rather than in PAIR..
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