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Technology Stocks : FORE Inc.

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To: Bald Man from Mars who wrote (8524)5/7/1998 3:23:00 PM
From: Ed Frye  Read Replies (1) of 12559
 
Hi Marty-

Been real busy lately but dropped in for a shortie - congrats on FORE's move from 14 to 24 --- i bailed @'22 - i didn't want to risk gains evaporating - i was surprised by strength of move but i think intl announcement had as much to do with it as the earnings report - as Pam explained - the quality of earnings wasn't the greatest (tax break and R&D savings) - made me nervous - of course i'm nervous and jerky anyway :-)

today's drop not surprising - first significant consolidation since move began - my guess is another test of recent high unless market gets spooked about inflation and rising interest rates over next week.

ed
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