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


To: Igor Nasonov who wrote (7176)1/16/1998 7:17:00 PM
From: Paul A  Read Replies (1) | Respond to of 12559
 
well, I asked this question before but never really got an answer from anyone. Lets try again, and would appreciate any help.

Looking at a 1 year chart of FORE, and trying to connect upward/downward movement in the stock, I cant seem to find any correlation between movements up and earnings reports. Why is this? am I wrong? This has been bothering me for a while now, and I cant seem to get an answer. Im assuming that when the numbers are released, if they are below estimates we will go south a few points. If the numbers are as expected or better we will see no movement. I see nothing in the charts to tell me differently.

This stock is still on the top of my 'most manipulated'. If we dont make a move up at the start of trading on Tuesday, ill take what they will give me. Holding a position into earnings release just isnt worth the upside potential in a normal stock, but with FORE it is DEFINATELY not worth it if the only move we will make is down on a bad report.

any input appreciated. I was relatively bullish up till today, but now im getting a bit concerned again.. nice weekend all!