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Technology Stocks : FORE Inc.

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To: Tim Luke who wrote (10116)1/12/1999 1:57:00 AM
From: jach  Read Replies (2) of 12559
 
very likley within this year FORE will be bought out. FORE at 2B$ mkt cap compared to ASND at 16B$ mkt cap is a bargain. ASND is about two times more revenue than FORE only. FORE ASX4000 is a better switch than GX550. IMO, FORE is at the stage of growing rapidly (with two strategic product lines; the ASX4000 and the ESX2400/4800) while ASND is at the stage of gradual retreating. In high-tech, one should look far beyond, definitely not NOW! LU getting ASND is not that of a great move considering the price and the product line that is aging, but almost everyone thinks it's great. imo.
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