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Technology Stocks : FORE Inc.

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To: Bald Man from Mars who wrote (9719)11/18/1998 7:44:00 PM
From: Ed Frye  Read Replies (5) of 12559
 
Hi Unc,

Wellll, 17.5 and 21 are key resistance and Briefing.Com suggests a sale price of $20-$22. If we split the difference, we get $21. Subtract another 10% for closing uncertainty, time value, etc. and we get $19, post announcement. However, that's with a known agreed upon deal. We're still working on rumor so I'd say the $19 has to be discounted even further. Assuming we're working from a good starting # @21, the upside between now and the announcement is probably relatively small, less than 2 bucks. I'll guess $18 pre-announcement and $19-$20 post-announcement and $22 if you hang on and take INTC shares.....

And, yes, you're right, there is always another stock and another day.
What will life be like w/o FORE??? Have you thought about it? Should we become XYLANtrons? NNewbies? 3COMmies? ASNDites? LUcites? ALAtrobes? Never CSCOholics!

James, you follow networking closely, where is the grass greenest if we must find new pastures???

ed
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