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Technology Stocks : FORE Inc.

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To: jach who wrote (6994)	12/28/1997 2:47:00 PM
From: jach	Read Replies (1) of 12559

Bullish msg for FORE from yahoo msg board =================== Spoke to 2 analysts who wrote recent research reports on Fore Systems. The stock hasn't appreciated because of market conditions and the concerns over some other Networking stocks disappointing. (ASND COMS recent concerns on CSCO etc.) Stocks do trade as groups. ___Business has been strong at Fore. A new corporate headquarters was built and capitalized for, some new contracts signed, and some new hires made. Once the quarter ends and tax selling is over------ (Fore was much higher at the begining of 1997 than at the end always a negative for a trader especially in a year when the market is up 25%) ie: Tax selling for a lose to offset other gains and then 31 days to establish a new holding period _____So once the new year starts the stock should rise thru the earnings date. Their earnings should Beat estimates by 1 to 2 cents with a revenue increase of 9% to 12%. The stock will approach its trading high and resistance of 21 and depending on the condition of the market (this is a seasonally strong period especially for small and midcaps) go thru. ===============

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