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

To: Oak Tree who wrote (7017)	12/31/1997 9:04:00 AM
From: Paul A	Read Replies (1) \| Respond to of 12559

We tanked real hard durring those two shortened sessions around x-mas if you recall. Volume was very low, and very few large blocks. Its almost as if the final tax selling came in those 2 days, and it was all recovered on Monday of this week in one big rush. Now we seem to have stalled right where this Asian crap took us to in the first place. If we can break 16 this thing is going to take off, but im still worried that $15 is our sticking point. As we speak the bid has moved down to $15 on IN. Hey wait.. yesterday we were bidding up in pre market.. does this mean we will have an up day today? I STILL think were going to hit $16 by today or Friday.

To: Oak Tree who wrote (7017)	12/31/1997 9:49:00 AM
From: Igor Nasonov	Read Replies (1) \| Respond to of 12559

<<...it could hit 19 and even higher again...>> Guys - I'm watching behavior of this stock every single day for the last 18 months. Fore literally became a shortest-term toy in hands of Mutual Funds Portfolio Managers(MFPM). They do not want to hold it though company has strong fundamentals, outstanding line of ATM products and very promising prospectus in the future. But they want to trade it short term(this explains huge volume most of the days). In MFPM world acceptance of loss is quote a routine(this explains dumping of stock in hope to pick it up later lower. Some MFPM 'performers' consider current price good enough to dump, other see it as attractive to pick up). Please remember it's around 10,000 of MF companies and unlimited 'professional' opinions. Three things could move this dog much higher: a). Announcement of second consecutive earnings above expectations (That's what I really hope for). b). Announcement of really big contract (Long time due...). c). Selling of company in order to merge with powerful firm with strong marketing (Of cause it will happen, but when???) Only one or more of these semi-miracles can convince institutions to hold their positions, then we'll see repeat of Summer / Fall of '96 performance. Good Trading and Happy New $$1998$$ Year.