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Technology Stocks : FORE Inc.

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To: OrionX who wrote (10945)3/19/1999 11:46:00 AM
From: jach  Read Replies (2) of 12559
 
FORE at these priecs is a big buying opportunity
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regarding your post:
<The signs don't point to one but seem to point to the opposite ie. possible bad news to come.>

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what signs, the thirteen zodiac branches pointing slightly down ?

FORE at 1.5B$ mkt cap is a big big bargain. COmpanies are paying 500 to 600 Millions for startups that do not even have any revenue or shipped products yet. FORE has about 700M revenue and more than 4000 customers. Not to mention their new ASX4000 and ESX2400/4800. Both products look really good technically. MSFT uses in their campus in a big way. That said a lot about their technology superioty. So, to me, it is very simple and clear that FORE is very attarctive at these levels, just 2 times more mkt cap (no premium yet) compared to those 0 revenue startups, something is missing here, and it's clear that no-clue investors and MMs are selling because they know nothing about the technology nor the value,maybe they're using the zodiac stock trends, sad. FORE at these prices is a big big buying opportunity, imo.
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