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Technology Stocks : FORE Inc.

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To: jach who wrote (11000)3/20/1999 11:04:00 AM
From: john dodson  Read Replies (2) of 12559
 
Jach,

Here we go again. So, "most" of those who are negative about FORE are either "clueless about technology" or "sold at the bottom". I disagree with this. As I've said all along, FORE will probably eventually get there (that's why I own it), but it is not a slam dunk as you imply with every post.

Once FORE management decides that they will go on the block, then sure they should fetch a decent premium. However, up until this point they have decided not to be taken out at these prices. Additionally, they have floundered in their attempt to grow earnings:

stockmaster.com

Naturally the stock price has suffered, and will continue to suffer until either earnings growth returns to healthy levels or management gives up trying to go it alone and concedes to a take out.

-John
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