Note Bene,
The qualifier "do your own due diligence" is the driver here. Michael Murphy has an abysmal track record. Moreover, he is reciting the positive side that we all have been hoping for, for the past couple of years, months, days.
The other side of the story was articulated very precisely by Ibor, that is, in an exploding market (both general and the networking sector), and with great technology, the management has failed thus far to execute.
Let's hope that the recent, very encouraging price action reflects information that the company is moving forward with the March quarter orders. That would a step in the right direction and towards achieving the 20+ level which would be necessary for FORE to be taken out in the 30's, at some point down the road.
Speaking for myself, I will stick to it until the fall at which point I have to make a determination whether or not "manana" is worth more than the tax deduction...
Regards
Tavros |
