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Technology Stocks : FORE Inc.

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To: w2j2 who wrote (7366)2/12/1998 9:47:00 AM
From: pae  Read Replies (1) of 12559
 
Walter, re bull-headed...

I was very concerned several years back when FORE chose to build a HQ palace North of Pittsburgh, PA. I thought that focusing on architecture was going to rob the founders of competitive juices. I may have been right. Unfortunately, I was not adept enough to profit from it.

But today, with FMR on board and others along for the ride, I am not sure that an aggressive buyout would be easily spurned. Something about fiduciary duties comes to mind. On the third hand, CAs luke-warm flattery of CSC illustrates the distaste the tech sector shows for hostility. So who calls the shots? The institutional holders hoping for a fast premium? Or founders/insiders uneager to surrender the throne?

Anybody familiar with the board composition?
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