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Technology Stocks : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Igor Nasonov who wrote (6967)12/23/1997 11:04:00 AM
From: Ed Frye  Respond to of 12559
 
Hi Igor. Perhaps FORE is a potential buyer of ADSP unit. Sounds synergistic. Don't understand why ADSP would wnt to sell.

Any ideas on FORE's recent bearishness? Nervousness over a possible earnings warning perhaps? Low volume idicates there's not a mass exodus going on. Networking is nobody's favorite sector these days.

RMDY is today's dubacle du jour, down nearly 10 points on earnings warning. Also down 10+ points prior to warning. RMDY candles have been very bearish. Kept me from possibly making a big mistake.

Market opening this AM may reflect last minute pre-X-MAS profit-taking. NDX and DOW off their lows and may cross zero in a bit. I incorrectly reported a Morning Star yesterday for NDX. Because yesterday's gain failed to recover at least 50% of Thursday's loss, the pattern requirements were not fully met. Thus, the indicator is less bullish.

My current attention is focused on: YHOO; INTU; RATL; and TLAB. All have good candle reads. ARSW and UNPH have been bullish but both sprouted Shooting Stars yesterday (heavy resistance). Nonetheless I still like both.

..........ed



To: Igor Nasonov who wrote (6967)12/23/1997 3:30:00 PM
From: TechAlive  Read Replies (2) | Respond to of 12559
 
ADSL and ATM ...

I see ATM moving closer to the home. With the ADSL/ATM mux that
FORE is helping create for Ariel its just a matter of months
before ATM on ADSL is a reality. When that happens, there will
be an ATM i/f in a PC connecting to WWW on an ADSL link. That will
push ATM over the top and companies like FORE will capitalize at
the fringe PC access level as well as the CO switching and haul
markets.

The future is exciting for ATM and FORE indeed.

Tony