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Technology Stocks : FORE Inc.
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To: Paul A who wrote (7139)1/10/1998 11:43:00 AM
From: jach  Read Replies (1) of 12559
 
<Someone has to give us a boost thisweekend and hype this sector. It just cant keep getting beat on..>

the third week of option cycle historically used to have fairly large ups and downs. Especially for the tech stocks that are very active in options. This effect is compounded with the other factors such as asia. Personaly I do not think FORE will drop much from 15. also the earnnings should come in good as this is typically their strong qtr, also they had just released the high-speed ATM card which wilh their 4000+ customers the upgrade revenue is quite siginificant.
As for long term, FORE has string pruducts in a fast grwoing mkt -
and as always, someone can buy them out anytime --
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