SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (7026)12/31/1997 5:38:00 PM
From: jach  Read Replies (2) | Respond to of 12559
 
<The tape never lies folks. The more I keep hearing people say there wont be a warning, the more I realize there most definatly will be. Believe what you will but a stock dosnt have these problems for no reason. Good luck to the longs...>

the whole tape basically reflects market sentiments of all the traders;
for FORE today the action seems to be in the middle of the tape --
FORE derives only about 5% from ASIA. Based on last qtr report
they are comfortable with the future order rate.
Also the new high-speed cards that was announced considering the installed base of FORE (4000+ customers) should bring in quite a bit of revenue just for the upgrades.
Today as well as last few days, it's obvious that tax loss selling was a key factor; seems like waiting till the last minute is not so uncommon considering the love of some (maybe more) to do things in the last minute.



To: Paul A who wrote (7026)1/2/1998 8:47:00 AM
From: Tom Latham  Read Replies (2) | Respond to of 12559
 
Paul, do yourself a favor and get away from this stock. You are going to find yourself wrong if it goes up and/or if it goes down. Never has so many momentum players been in the market, Never has there been this much tax selling, Never has these newbie investors been scared buy the media on th ASIA thing every 15 minutes. The market is for putting some money in a stock and watching it but not tick by tick and esp'lly on options exp and EOQ and EOyear stratigys. You are right the tape doesn't lie, but be sure to look at the whole picture and not a few 30 minute segments.