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Technology Stocks : FORE Inc.

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To: Riskmgmt who wrote (8787)	6/19/1998 6:09:00 PM
From: garrick le	Read Replies (1) of 12559

ASND had 2 quarters with 1 penny above estimates,not just one quarter.Not only that,they had lots of big contracts signed up and a significant backlog.Moreover,their ATM and F/R switch are considered industries 'best in terms of architecture and foresight. They are well-positioned for the 380 billion market when phone carriers deploy or transition to the new technology.(voice and data convergence) So the reason ASND rises from 23 to 50 is not so simple as you stated. FORE is a nice turnaround story as well ,in addition to the speculation of takeover which I think will happen sooner or later. GL

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