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Technology Stocks : FORE Inc.

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To: Luke who wrote (10062)	12/30/1998 2:39:00 PM
From: Ed Frye	Read Replies (1) of 12559

Today's volume trends.... 2.5 MM in first hour = up 1.5 points 2.5 MM next 4 hours = down 0.25 points intraday volume currently petering out..... So, 15 MM shares later, the price is down ~1.5, or about 8.5%. Apparently that is the cost of the increase in percieved uncertainty attached to FORE making its Q. The good news is the "mo" $$$ is gone. The bad news is that it is not likely to come back anytime soon. I'll go out on a limb and predict a period of relatively low volatility between now and when earnings are released. May be a good time to sell jan17.5 covered calls. ed

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