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To: Chartgod who wrote (493)	1/6/1998 9:32:00 PM
From: Instock	Read Replies (1) \| Respond to of 1488

James: < FRTE > One of several bad news Stories for FRTE. Three Downgrades now. 11:44 Forte Software -2: H&Q Cites Below-Views 3Q Outlook >FRTE NEW YORK (Dow Jones)--Hambrecht & Quist Inc. downgraded Forte Software Inc. (FRTE) to hold from buy. In a research note, the firm cited Forte's announcement that it expects to post third-quarter results below analysts' expectations. As reported Monday, Forte said it expects to take a third-quarter loss of between 25 cents and 32 cents a share. The company cited delays in completing sales in North America, since information technology companies focused on year 2000 issues. Lower revenue from Asia was also a factor, Forte said. A First Call Inc. survey of five analysts had estimated the network software company would report a loss of 1 cent a share for its third quarter, which ended Dec. 31. Hambrecht & Quist also lowered its earnings estimates for Forte to a loss of 75 cents a share from a loss of 17 cents a share in fiscal 1998, and to a loss of 60 cents a share from earnings of 33 cents a share in fiscal 1999. Forte's fiscal year ends in March. (END) DOW JONES NEWS 01-06-98 11:44 AM