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Technology Stocks : FORE Inc.
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To: thebeach who wrote (11383)3/30/1999 7:10:00 PM
From: Jorj X Mckie  Read Replies (1) of 12559
 
thebeach,
I understand your hesitation. I sold XYLN options hours before the ALA announcement. I recall what was going on in my mind when the stock showed weakness on that Monday. Fear. Fear that since the stock was showing weakness that that was an indication that the deal fell through.

I believe that the deal is in the works, otherwise there would have been a bonafide selloff down to old support levels. I do know what my pain levels are (I posted them a couple of days ago), but everyone has to set their own levels.

I consider FORE a takeover speculation play only, so it would be difficult to encourage anyone to play it or stay with it when I don't really know JS about the reality of the sitch.

Good luck,
JXM
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