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Technology Stocks : FORE Inc.

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To: Ed Frye who wrote (8275)4/27/1998 1:13:00 PM
From: Igor Nasonov  Read Replies (3) of 12559
 
<P/S of 16:1>

Ed -

The old networking sector romance LU - FORE is over. Lucent picked
up cheaper company considering it will be enough to grab one of the leading positions in ATM sales. So thought CSCO couple of years ago ( Stratacom buyout ).

This turn of events brings a lot of positive thinking about FORE future. Time for the industry consolidation is due, today's LU announcement is a strong prove. Let's see what TLAB, NT, COMS/NN and European high-tech-gangs will do...

I'm convinced FORE will move much higher Short Term, Friday was
a major stake day, and WSJ article as NOT a prove that inflation
worries will start to shake a boat seriously.

A little bit of consolidation today, let's hope this week will not
be famous for red colors.

Happy Trading, Igor
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