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Technology Stocks : FORE Inc.

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To: john dodson who wrote (11005)3/20/1999 12:15:00 PM
From: Note bene  Read Replies (3) of 12559
 
ALERT!

I am a subscriber to Michael Murphy's tech stock newsletter. He is very bullish on FORE. In today's weekly update, he indicated that FORE could be purchased by any number of large European telecommunications companies who need FORE's technology to keep up with competitors like Alcatel. Interested companies would include Ericsson and Nokia.

Murphy thinks that the stock could easily trade up into the 20s in the near term just on the strength of the buyout scuttlebut, but that if a buyout does come about it should occur at a stock price north of $30.

Murphy actually thinks that this may be not be the optimal occurence for FORE shareholders. He believes that in a 1 to 2 year time frame, FORE should be trading well above $30 per share.

Good luck to all. Remember: do your own due diligence.

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