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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Dave who wrote (22852)4/1/1999 3:01:00 PM
From: MrThesp  Read Replies (1) of 90042
 
From Briefing...

FORE Systems Inc. (FORE) 19 3/4 +27/32: CS First Boston reiterates "buy" rating on designer and
manufacturer of high performance networking products with "buy" and a price target of $26; believes FORE
closed the March quarter in line with $169 mln revenue and earnings of $0.11 estimates; expects margin
pressures to abate versus last quarter as large government contract had moderate impact on Q4 results;
believes that the outlook will be positive given product cycle in both LAN and WAN ATM.....
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