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

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To: kathyh who wrote (23460)4/4/1999 10:16:00 PM
From: MARK C.  Read Replies (2) of 90042
 
Kathy, We have had an erricson employee say they were in talks with FORE, we have had David Faber mention Marconi as a possible suitor. We have the London Times reporting that GEC.L is looking to buy and mentions FORE in the article. I know that other wireless carriers are also looking to improve their data networking. Tim has mentioned that FORE is the best of the networkers that are still out there and independent. FORE is a commodity at this point and the demand is high for what they have to offer. It is for these reasons I will never believe FORE will go for less than the high $20 range or better. Last month there was almost a 4 million share short interest in the stock and the buying has picked up tremendously in the recent trading sessions. Off hand I would say FORE looks like a good stock to own at this time. JMHO and always remember to do your own DD. MarkC. OH YEAH I forgot to mention what DAWG has been telling everyone for weeks, " FORE is 71% institutionally held" They will never agree to a less than fair buyout price. imo
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