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

To: Bald Man from Mars who wrote (8524)5/7/1998 3:23:00 PM
From: Ed Frye  Read Replies (1) | Respond to of 12559
 
Hi Marty-

Been real busy lately but dropped in for a shortie - congrats on FORE's move from 14 to 24 --- i bailed @'22 - i didn't want to risk gains evaporating - i was surprised by strength of move but i think intl announcement had as much to do with it as the earnings report - as Pam explained - the quality of earnings wasn't the greatest (tax break and R&D savings) - made me nervous - of course i'm nervous and jerky anyway :-)

today's drop not surprising - first significant consolidation since move began - my guess is another test of recent high unless market gets spooked about inflation and rising interest rates over next week.

ed



To: Bald Man from Mars who wrote (8524)5/7/1998 3:30:00 PM
From: Greg Jung  Read Replies (2) | Respond to of 12559
 
I think that since the momentum up has dried up it should
gravitate to a strike price, right now its hovering near 22.5 but
if the option interest is worked out and depending on market mood,
we could also see 17.5, 20, or 25 by next friday. I'd like to see it come down near 18.

Greg


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