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Technology Stocks : FORE Inc.

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To: Neil H who wrote (9184)10/1/1998 9:05:00 AM
From: jach   of 12559
 
<Net income is expected to be between $9.3 million and $10.9 million and earnings per diluted share is expected to be between $.09 and $.10, as compared to net income of $7.0 million and earnings per diluted share of $0.07 reported in the second quarter of fiscal 1998>

10c is around 25% shy of 14c estimate; FORE has already taken more than 30% hit because of the potetial earnings shortfall revenue outlook from the start of this week - with record bookings looks good for the future qtrs- look for rebounding during mid day
and look at it this way - making money and exceeding last yr earnings and revenue - not losing money, even at straight 10c earnings and with 40c and 40% growth rate should be around 16$
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