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Technology Stocks : FORE Inc.

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To: Tim Luke who wrote (11401)3/31/1999 9:48:00 AM
From: jach  Read Replies (1) of 12559
 
<i love this job>

great fun job as long as the money machine is running smoothly.
btw, imo, FORE will be taken over anytime, can be tomorrow or next month, or later. One thing that is clear to me, FORE is still a big bargain at this price of 18+. Current mkt cap of a little over 2B is a very tempting target for any would be suitors. They can easily give 4B , that would be around 35$. In fact, the right price to me is 6 times revenue (based on low average of networking acquistions) and that is about 40$ per share. Note that if FORE gets what LU paid for ASND, it will be 100$ per share. That's why FORE at these prices is a big big bargain. For those lurking sround to see lower price, get in now before it is too late. Also, starting tomorrow FORE very likley will go up a few more $s because MMs will be buying into for the next qtr. All imo, use at your own rick.
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