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


To: jach who wrote (6976)12/24/1997 11:54:00 AM
From: Ed Frye  Respond to of 12559
 
Here's a fun charting site. Allows you to track candlesticks intraday or any chart type and any time interval and any technical indicator.

bigcharts.com

FORE = possible double bottome here on sagging volume = possible bullish breakout ahead.

merry x-mas to all!!!....................ed



To: jach who wrote (6976)12/24/1997 12:35:00 PM
From: TechAlive  Read Replies (1) | Respond to of 12559
 
Essentially, I agree with your opinion ...

... FORE at this price and with almost 5$ book value,
4000 customers, 400+ m$ revenue and mkt cap of 1.5B,
and in the ATM arena is a tremendous bargain, IMO


True if earnings are increasing. If not, well, the PE of approx
50 it has now is way too high. I'd feel better if the PE was around
25, or a stock price of about $7. That would be an OK value.
At $14 its very speculative. Which is fine if they produce the
earnings the street wants. The question is, "Is this company
going to do so ?????". That in a nutshell is the issue.

The bears have had it their way the last two weeks of trading.
And they main body of sentiment is that they will not meet their
numbers in the near term. Not more complicated than that.

Tony.