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Technology Stocks : FORE Inc.

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To: Paul Jamerson who wrote (10223)1/20/1999 3:18:00 PM
From: Jonathan Liu  Read Replies (1) of 12559
 

For a small company like fore, revenue growth is more
important than earnings, as long as it continues making
money. Market share/revenue is the thing that really
counts in the value of Fore in case of a buyout.

FORE stock price will be pushed up by revenue grow
strength and its strong product pipeline. The companies
want to buy FORE will not care its earning is 12c or 10c,
it doesn't make a difference. Fore knows this well, that's
why they spent so much money on marketing sales and
buildings, which could negatively affect the earning and
profit margin.

The market failed to see the strong quarterly growth, and
the emerging strong products, paid too much attention on
1-2 cent difference.

Bought more shares, which I sold yesterday, back today.
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