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Technology Stocks : FORE Inc.

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To: Luke who wrote (10836)3/12/1999 9:50:00 PM
From: Tavros  Read Replies (1) of 12559
 
For the those who may not have seen it, the Credit Suisse analyst said that the quarter orders seem to be very back-ended.

Translation: FORE (and us) will not know whether they will make the numbers for the quarter until the last day of March. I think this explains the nervousness of the market place. In addition, insiders (i.e., people that are closer to the company than the rest of us, are selling or buying on the basis of the latest sales reports).

Speaking for myself, as important as the numbers for this quarter maybe, the real verdict will play out in the next couple of quarters, at which point we will know whether there is recovery or we are looking at $4 per share...

Tavros
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