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Technology Stocks : FORE Inc.

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To: Paul W who wrote (8812)6/25/1998 12:41:00 AM
From: Wayne Wiechart  Read Replies (1) of 12559
 
Hold it and ride. I have been holding since 11.75 and 4 months ago at 14.50.

IMHO Fore is in the right place at the right time. Your patience will be rewarded. This does not mean to say there will not be profit taking. After today,I expect a significant amount of profit taking Thursday and Friday. But if your time horizon goes out 6-12 months this pup will be conservatively 30-40% higher.

Please notice that I did not mention the overworked acquisition scenario (That caveat was for you Jas, thanks.) The key point here is that the company is getting its act together, they don't have to be acquired to be a good investment. But if you are into the sector you know most of the networkers will be bought except possibly CSCO.

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