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


To: Trevor Goodchild who wrote (8804)6/24/1998 4:24:00 PM
From: Paul W  Respond to of 12559
 
A technical breakout!! Double average volume!!! This will get noticed in the A.M. Momentum players should jump on board.

I'm excited. If the rumor mill picks up any we will hit 28-30 by friday close. Lord knows what will happen if the company shows an earnings surprise.

Hope none the analysts who are short try to rain on our parade.

Good luck and enjoy the ride!!!



To: Trevor Goodchild who wrote (8804)6/24/1998 4:30:00 PM
From: Igor Nasonov  Read Replies (2) | Respond to of 12559
 
<Maybe its the bandwagon techies self fulfilling the breakout>

Trevor -

In my 21 month experience with FORE under-appreciation I never
saw any miracles for the stock. This move is based on something
we (small potatoes of Investment World) don't know yet.

Tomorrow or Monday announcement is likely. Friday is almost out of
question. No resistance on a horizon. People who last were trading
in the range $26+ are part of old history.

Happy Trading, Igor



To: Trevor Goodchild who wrote (8804)6/24/1998 8:16:00 PM
From: MikeM54321  Respond to of 12559
 
Fore's network equipment was used to build Time Warner's Roadrunner interactive 2-way cable modem network. I'm on it right now. It works great.

I'm certain, now that AT&T just bought TCI, that TCI has plenty of cash to build out there 2-way interactive HFC (Hybrid fibre coaxial) network. Fore will hopefully get a lot of new contracts for equipment for an ATM based HFC buildout. If not from AT&T, maybe others. AT&T put a big stamp of approval for the coaxial cable solving the bandwidth problem into the home.

So I think the move up may have been for fundamental reasons(IMHO). A lot of equipment companies that have any exposure to the cable companies HFC buildout moved up today.

Hope this helps,
MikeM(From Florida)