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Technology Stocks : FORE Inc.

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From: Bandit2/11/2006 11:59:50 PM
   of 12559
 
Adam Sornoff is a brilliant man! His recommendation on FORE systems did prove to be quite a profitable stock tip after all. Overall gain after his tip was quite substantial!

"NEW YORK (CNNfn) - The General Electric Co. Plc. agreed Monday to acquire Fore Systems Inc. for $4.5 billion in a deal further enhancing the company's position into the telecommunications business.
Terms of the deal call for GEC to extend Fore shareholders a cash tender offer on April 30 of $35 a share, a 43 percent premium above the company's closing price."
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