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Technology Stocks : FORE Inc.
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To: Alex Raytselsky who wrote (10227)1/20/1999 3:48:00 PM
From: Apache Indian  Read Replies (2) of 12559
 
9-10 is probably way too less, it happened when the mkt crashed in October and was compounded by their paying too much for Berkely netwrks , it wont happen again (imho)

I would give it a $14-$15 anytime based on a conservative earnings and PE ratio of 30

add some percentage or couple of bucks for being a leader in a sense in the ATM sector and having the best switches

17 is a good, but then its fairly valued, so makes it uninteresting.

will buy if it goes to 15 or maybe 14
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