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Technology Stocks : FORE Inc.
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To: jas cooper who wrote (9197)10/1/1998 12:44:00 PM
From: lin huan chen  Read Replies (1) of 12559
 
Jas:
The book value is 5.25. P/S, which is more useful is around 2. CS and COMS have smaller P/S. It is cheap if you give a take-over price( 8 times sales=40). However, your brother Eric won't sell it below 30,do you remember he said he would consider $100?, and I doubt anyone would offer 40 in this market condition. I would wait until inevitable class action law suits.
Reards
Lin
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