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


To: sam song who wrote (8683)6/1/1998 11:02:00 PM
From: Greg Jung  Respond to of 12559
 
FORE really took it on the chin all day - it took Asnd until
afternoon for its break. Its the usual method of price movement for this stock but there are good fundamental reasons for it to get sold.

Greg



To: sam song who wrote (8683)6/2/1998 1:54:00 AM
From: Kent Rattey  Respond to of 12559
 
Cable Who??? Are they still in business? I guess their 3 remaining customers will get a nice price break. I think Hyundai will cut prices soon, God help the big three. I'm certainly gonna run out and buy CS stock and sell the rest of the sector. I'll bet Bay will cut prices too, along with Coms, Shiva and ASND. A 60% drop in share prices? Did the rabbits jump off the cabbage truck before you? Anyone who follows this sector remembers very distinctly SHVA at 85, COMS at 80, ASND at 80, FORE at 40, CS at 35 and NN at 65. Maybe you have a long way to go in the DD sector, and should concentrate on that. Thanks for the warning, Sam. I guess COMS is going to 10, Bay to 12, Fore to 10, SHVA to 5, ASND to 20 and NN to 13, with 30% growth in the sector, all because CS is cutting prices. I guess that's why John Chambers is guiding the street down, pretending its Asia, when its really, its Cabletron causing all the problems...
Kent