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Technology Stocks : FORE Inc.
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To: Ed Frye who wrote (9685)11/18/1998 3:24:00 PM
From: Len Roselli  Read Replies (2) of 12559
 
Ed,

In reference to your TA analysis of FORE, it is interesting reading, but near worthless in the face of today's buy-out rumor. I am not passing judgement on TA, since I know very little about it; I am merely commenting on today's action in contrast to the technical indicators you posted, which were all negative. I would like to see what those same indicators say at the end of the day, if the price holds up! Obviously, TA can't predict rumor, but how does it incorporate it into its models?

len
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