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Technology Stocks : FORE Inc.

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To: Rich who wrote (10012)12/29/1998 11:31:00 AM
From: jach  Read Replies (3) of 12559
 
FORE current qtr estimate is 10c only. Last qtr they made 9c, and they've said that last qtr they could not ship fast enough. So, imo, FORE should be able to beat 10c this qtr. Hopefully FORE will not dissapoint as PRMS and NWK did. NWK also announced warning. But, bith PRMS and NWK are mainly in the old telecom TDM (Time Division Multiplex) related market and that market is not growing as much as ATM. Also, LU and NT have been discounting in those TDM mkt segment.
Historically the third week into option cycle is the week that drives prices down in an uptrend mkt. If FORE does not warn the next few days we should be OK.
quicken.excite.com
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