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

To: w2j2 who wrote (8504)	5/6/1998 7:19:00 AM
From: Paul W	Read Replies (2) \| Respond to of 12559

2 points ! First, the run up seems to have slowed. This slowing action and moderating volume indicate a short term consolidation. These kinds of run ups usually result in a stable basing pattern within 2 pts up or down. This is not a bad thing. It's a spring board to another level if the stock can "show" the street yet again next quarter. TWO: The main issue is one of long term progress. Does FORE have the $ and tech to keep up with CSCO etc etc.. I never really understood the tech so I'm out on that one. Is the market so large (if ATM becomes mainstream) that they will participate and grow in any event? It's obvious they have some great products and people. I think we need to see them winning some large contracts (as in the past few months) over their competitors to keep the stock moving. At any rate, ATM and the whole sector seem "HOT" right now. That alone may keep the momentum alive. I'm long and trying to decide if 5 points is smart to take the money and run or hope for long term growth?!!