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Technology Stocks : FORE Inc.
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To: matt fahy who wrote (9672)11/17/1998 2:49:00 PM
From: Ed Frye  Read Replies (2) of 12559
 
You got the i rate reduction (fed funds and discount rates were both lowered 25 basis points) you were hoping for and you got the price on FORE you wanted, sitting on support @~13. A good day :)

Bounce from announcement somewhat underwhelming - has brought market back to only even. Would be a negative for the broad market if we close that way - IMHO.

FORE's 1/4 bounce also underwhelming. It may be January before we begin earning some return on our money. But that's OK.

ed
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