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Technology Stocks : FORE Inc.

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To: jach who wrote (9864)12/5/1998 7:30:00 PM
From: john dodson  Read Replies (1) of 12559
 
Re: If takeover happens, should be around 30 to 40$.

Why? What makes Fore valued at $4-6 Billion? That's quite a premium to sales to. Remember Shiva? Same stuff was said (by others) about it, "it's gonna be taken over any day now", "it'll go for 3 times current trading price." Guess what, Shiva sold for $6. I know Fore's no Shiva, but there are similarities.

I'm just taken back by the seeming confidence of takeover prices. Some say $25, others say different numbers, and you say $30 to 40. That's the best price that I've heard yet!

-John
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