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Technology Stocks : FORE Inc.

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To: NewsTrader who wrote (9140)9/16/1998 12:50:00 AM
From: Sibaris  Read Replies (2) of 12559
 
<<(NewsTraders) -- Fore Systems Inc. (FORE) President Onat Menzilcioglu registered to sell 100,000 common shares with a market value of about $2.1 million, according to a Form 144 released today by the SEC.>>

Some facts taken from FORE's web site:

1. Onat Menzilcioglu is NOT FORE Systems President. FORE's President and CEO is Thomas Gill.

2. Onat is no longer part of FORE Systems management.

3. Onat is no longer a member of FORE Systems Board of Directors.

If Onat decided to sell some of his shares, so be it. I, for one, do not consider this as true insider selling. What's more, he's been selling continuously over the past months, so this latest sale is no news.

My advice to investors: don't let misinformed posts -like the above- confuse you. Do your own research.
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