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

To: TechAlive who wrote (6978)	12/24/1997 3:46:00 PM
From: Paul A	Read Replies (1) \| Respond to of 12559

Thank you for some reality Tony.. Unfortunately, when you post something negative people assume you are bashing with an ulterior motive.. Although its foolish, I never shorted a stock. I cant get past the mental block of speculating a stock is going to take a fall. The reality of fore is simple. This sector has been under the gun the last few weeks. I was hoping to get a bounce next week, but now im starting to feel it wont happen. If it DOES happen, FORE will follow only after the rest of the sector gets a jump start. a price of $14 is VERY speculative at this point and if we dont meet our numbers this stock will drop like a ton of bricks. Someone mentioned today that there were alot of large purchases.. If you need me to email todays transaction logs, id be very happy to. In the morning there were several purchases of 10k, 20k.. but these were all followed by a LOT of 30,40k blocks being dumped at the bid relentlessly. I was shocked to see about 300k in large assortments of blocks dumped at 13 15/16. This is not tax loss selling, unless some individual investors have quite a bit of stock and would rather put the money to work elswhere. As for an earnings warning. I was told this by a reliable source, much to my surprise and dismay. 50/50 is how I look at THAT information. You can research this company until your eyes fall out of their sockets, but the fact remains- big money is selling their shares of FORE regardless of how little their getting for it. We will know by next monday or tuesday if this is just repositioning of money, christmas jitters, or FORE soon to be a $8-10 stock. I feel FORE will be selling for about $10-12 a share until earnings if we dont get a pre-warning. If we DO get a warning, we will be fairly valued at about $7. Sorry if this offends anyone, but look at the tape and draw your own conclusions. The value of their stock is free-falling.