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Technology Stocks : FORE Inc.
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To: Ted B. who wrote (2499)4/22/1997 1:11:00 PM
From: TechAlive   of 12559
 
The bears aren't done with CSCO yet.

I think it will take CSCO trailing PE to be 20-25 before buyers
return to communications market. FORE, NN, and COMS should settle
in around 15-20.

Once they hit that, stock price will only increase in proportion
to earnings (remember this is a bear market and bears only care
about earnings NOW). Bulls are future prospect driven. That type
of market driven activity will not return for 6-12 months in this
sector.

Once it does all of these stocks will go up. You can't pick on
FORE, NN, COMS, CSCO individually. They are all good strong
companies and have no doubt they will all survive and eventually
thrive in their markets.

Tony.
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