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Technology Stocks : Boca research - Reawakening?

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To: Greg Jung who wrote (320)3/20/1997 4:29:00 PM
From: Jeffery E. Forrest   of 640
 
Greg, how ya doin'? Yes FORE is a pureplay in ATM.
It should be attractive to ANYBODY with a WEAK or NO ATM strategy. I'm buying it because of technical considerations not as a takeover speculation. IMO it is a $50-55 stock in the nxt 8-12 months.

Technically FORE looks strong.(still not sure why it didn't participate in todays mini-rally)
Cascade looks like hell from a technical standpoint.

I bought a basket of the networkers (asnd, csco, fore, coms, usrx) I have anywhere from 500 to 1500 shares of each and will be looking to complete the positions when the sector solidifies.

Cascade is NOT in my basket. I have traded it in the past, but right now it looks lousy.

I'm not sure what you mean by this?

>Since it wasn't Stratacom nor Chipcom,<

I DO think CSCC is a takeover candidate as well, but I would never buy PURELY on takeover speculation.

I think ALL the networkers present EXCELLENT value right now, but CSCC will have to settle down more before I play.

Good Luck
J.E.F.
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