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Technology Stocks : BORL: Time to BUY!

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To: ED_L who wrote (8714)1/23/1998 4:41:00 PM
From: Dennis Nicks   of 10836
 
Forte said to have problems too:

From Briefing.com

Forte Software (FRTE) 5 1/8 -1/4: --UPDATE-- Hambrecht & Quist cuts earnings estimates for client/server applications software company due to uncertainty in the application development tools market and continuing operating losses; widens 1998 EPS loss from $0.75 to $0.85 a share and its 1999 loss estimate from $0.60 to $0.77 a
share.....

Anyone know what they mean by "uncertainty"? How much of the problem is Forte's and how much of it is the industry's?

Also, somebody mentioned (Shane?) the Y2K resource drain problem and possible earnings growth due to reprogramming. That was also mentioned in Forte's quarterly report:

-- Seize the opportunity presented by the Year 2000 problem. "We
believe a good portion of Year 2000-vulnerable applications will need
to be rewritten rather than fixed, and Forte's proven strengths in
developer productivity, integration, and rapid deployment are a
natural fit," noted David Taber, the Company's senior vice president,
marketing.

Dennis
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