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Technology Stocks : FORE Inc.

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To: G. H. who wrote (10482)2/24/1999 1:52:00 PM
From: Esway  Read Replies (2) of 12559
 
Wednesday's top news
Latest dispatches from the
Robertson Stephens tech show

By CBS MarketWatch
Last Update: 1:05 PM ET Feb 24, 1999

FORE Systems Inc. (FORE) expects "dramatic increases" in revenue starting with the June quarter. Chief Executive Tom Gill, speaking to a reporter after his presentation , said the company's previous guidance for its fourth quarter, ending in March, stands. The company, which makes network switches and other equipment, previously guided analysts lower. Gill said new-product sales will kick in after this quarter
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