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

To: Paul W who wrote (8800)6/24/1998 2:02:00 PM
From: Igor Nasonov  Read Replies (1) | Respond to of 12559
 
<looks like we may breakout!!!>

Paul -

After two days of consolidation(highs are lower, lows are higher)
it is an uptrend breakout. No resistance in sight. Could be big
one. I loaded 30% more yesterday at $24.

Happy Trading, Igor




To: Paul W who wrote (8800)6/24/1998 2:18:00 PM
From: Xpiderman  Read Replies (1) | Respond to of 12559
 
$25 is a long term resistance to FORE, if we can have a close above $25 with heavy volume (so far so good, 2.9 MM already) that will be a big plus for this stock. I will add new position after this $25 breakout and any possible pullback.

With 2.6 MM shares being shorted as of late May 1998, a mini short squeeze will certainly help this breakout.

Cheers,

XyZ


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