FORE Inc. Message Board

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Technology Stocks : FORE Inc.

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To: jach who wrote (7027)	1/2/1998 12:34:00 PM
From: Ed Frye	Read Replies (1) of 12559

Hi jach. Re: Warnings. I know the closer we get to an earnings announcement the less likely it is we will have one. Of course, missing by a penny probably doesn't warrant a warning but would impact the stock price. Is there a definite time frame for issuing earnings warnings? Admittedly, FORE's rally in early Dec. ended abruptly and sooner than prior resistance would have indicated. Although NASDAQ peaked soon thereafter, the sell-off in FORE started sooner, lasted longer and was greater than for NASDAQ as a whole. Moreover, it has bounced back less. So, I understand the reasons of those that think that FORE's DEC earnings will be disappointing. However, if you give any credence to Analyst Noel Lindsay's comments re: FORE having booked a solid dec qtr, you're lead to look for other reasons to account for the recent weakness in FORE's price e.g., Asian impact on profitability outlook for tech sector; out-of-favor networking sector; and tax loss selling......ed

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