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To: Jules B. Garfunkel who wrote (12)5/4/1997 6:14:00 PM
From: Mark Brophy   of 236
 
Fore won't be taken over by Cisco.

Cisco has developed their own ATM switches and a friend of mine is on the development team. They've taken away a lot of market share from Fore, but Fore had 80% of the market.

Lucent is a better takeover candidate and Fore is priced so low (price/book value = 3.4) that I've made it my second largest holding. However, I never buy any stock hoping it will be taken over because takeover deals often fall through. Fore has a bright future because the demand for a faster backbone isn't going away any time soon.
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