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Technology Stocks : FORE Inc.
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To: DiB who wrote (11034)3/21/1999 4:21:00 PM
From: LTK007  Read Replies (1) of 12559
 
from 3/19 WSJ Interactive--
One stock that had a better Friday was Fore Systems, whose shares jumped 2
1/2, or 17%, to 17 after NationsBanc Montgomery issued a glowing report,
calling the company "an attractive acquisition candidate" and touting its
"leading-edge" technology. In the report, NationsBanc analyst Al Tobia and
associates Gabe Jenkins and Clifton Gray said that the manufacturer of
hardware and software based on high-speed technology for advanced computer
networks is trading at 50% of its private market value, which they put that value
at $30 a share.
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