FORE Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : FORE Inc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glenn D. Rudolph who wrote (3187)	5/15/1997 5:40:00 PM
From: tobin sears	of 12559

Glenn, Is there any indication the announcement has to do with the networking sector? If it does, it can sure be seen with some of the other networking stocks like ANET. ANET's intraday graph looked pretty strong. FORE actually ended pretty well - I noticed that there was some definite buying strength towards the end of the day. Things sure seem to have quieted down about FORE, it would be nice to know if anything was in the works(I guess that goes for all securities). One good thing is that we seem to have some support at the mid 15 range - the 16 level now seems to be the resistant one as opposed to 17 last week. Also, daily trend indicator shows a pretty much even number of buyers and sellers. The sellers are probably former momentum riders giving up on the takeover rumors for now. With most of the other networking companies pounding forward, and hopefully interest rates staying unchanged, you would think that we would see some more buyers next week. Let's hope so.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next