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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: LastShadow who wrote (4195)12/7/1997 2:47:00 PM
From: Paul Dubsky  Read Replies (1) of 120523
 
Go FORTE! Friday looked strong. Think the tax loss selling is over,and that we're headed to $14 - $16 short term. On breakeven, resumption of sales deals, we'll be back in the $20s. After the year 2000 problems are behind us (end of 98 for large companies that look to FORTE for solutions), we'll definitely see a pick up in sales.

FRTE is the leader in their field. They say don't fall in love with a stock. But, the fundamentals of FRTE, combined with the 2 year high low of $80 and $8 make FRTE look to be a definite Jan. 98 winner.

I read an article/analysis that picking recent IPOs that were down and out was the best performing stock picking methodology for biggest potential gains. Look at VocalTec, IPOed around $15, went to $20s, then to $5 or $6 (on threat of obsolesence, competetion, non-acceptance of their voice technology), now it's at $30 something (or high 20s). Same type of pattern is evolving on FRTE. Great technology. Great management. It's only a matter of time.
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