I am saying that when they acquired berkley it fell twice because of bad pr
I feel differently, and would like to offer another viewpoint.
FORE did great in the beginning because ATM was a promising communications solution, and they were a pioneer. As the stock moved up, people began to learn of the more appropriate ATM applications, and it seemed like FORE wasn't addressing that. They were pushing ATM to the desktop, and it just wasn't needed. Managemnet didn't know shit about where to sell ATM, and the stock took a prolonged dive. Thye eventually dicovered the carrier markets.
Stock recovers nicely as FORE takes a wiser direction. As time goes on investors discover that the other players provide more complete solutions, yet FORE wants to do it alone.
So what does FORE do? They buy a struggling company (any company that small is struggling), and make a push back toward the LAN. In the meantime, questions come up about the future levels of telecom spending.
It seems like when FORE had almost climbed out of a hole, that some management genius decided it was smarter to jump back in.
FORE needs to pick a direction, and stick with it. But not with expensive purchases, but judicious partnerships and agreements with other companies. They're running out of chances though, even with some of the outstanding products they currently produce.
Here's hoping,
jas. |
