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Technology Stocks : FORE Inc.

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To: RICHALD who wrote (8216)4/24/1998 11:58:00 AM
From: Igor Nasonov  Read Replies (2) of 12559
 
<if anyone had asked if they were considering a stock buyback w/the $300 million plus cash they have>

Richald -

This question was asked. One of the analyst noted they have less
shares_out this quarter and the answer was "Yes average price was
around 15 and we've been buying back. Also for the next few quarters
we are planning to buy back 500,000 - 700,000 each quarter".

<has anyone heard anything about them buying ANET>

There wasn't any question about future acquisition(s). I know this
rumor is floating on the surface and it scares me a little. But after
THREE SEQUENTIAL ABOVE EXPECTATIONS REPORTS I trust the FORE management a lot.

Happy Investing, Igor.
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