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: Ed Frye who wrote (7031)1/2/1998 1:12:00 PM
From: Ed Frye  Respond to of 12559
 
Here's some good news from the networking sector on the first trading day of the New Year. I just checked real time quotes on 10 networkers that I follow relatively closely and there were ALL up. I can't remember the last time I could say this. Good sign that networking is transitioning from a sector burdened by tax-loss selling to one that is attractive to bargain hunters. Tax loss sellers on sideline for 31 days. Many may have sold into early DEC rally and are preparing to get back in.

Re: Earnings. Some talk on xyln thread that analyst sees $0.11 instead of $0.13 for xyln, who usually reports a week before FORE. XYLN sold off similar to FORE during DEC. If FORE has been taken down on earnings uncertainty and we meet/beat expectations, the ride should be swift and joyful...............ed