Expect several "large order" news releases from FORE in the next few weeks.
If you read between the lines of FORE's recent new product news release, you can count on some very positive press about order shipments in the next few weeks, and here's why:
1. The new products they just announced seem to be "big ticket"
upgrade items. Here's a news release excerpt:
" Dow Jones News Service ~ May 26, 1997 ~ 8:16 am EST
PITTSBURGH (Dow Jones)--FORE Systems, Inc. (FORE) has introduced the TNX
line
of ATM network switches and MSC-900 multiservice concentrator for service
providers and large enterprise users.
In a press release, the company said the TNX and MSC products will have broad
appeal
to Competitive Access Providers (CAPs), cable companies, Internet Service
Providers (ISPs), Competitive Local Exchange Carriers (CLECs), Interexchange and
Local
Exchange Carriers."
2. Industry experts predict that major bandwith upgrades will start
to take-off this summer, and this too is supported by another
excerpt from the news release:
" Initial customer shipments for all three products are planned for June."
The next several weeks should be very positive for FORE investors. It is far beter to "be in" FORE now than not to be. There is much, much more upside than downside.
Good luck!
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