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


To: Igor Nasonov who wrote (8834)6/29/1998 1:15:00 PM
From: Trevor Goodchild  Read Replies (2) | Respond to of 12559
 
Igor,
Article implies a 50% premium which I would be very happy with. I used to jump on this board and say why FORE was better off not being acquired, especially by a lower PE co. but that was when they were in the teens. At a 50% (cash) premium at their current market cap, it's a FOREgone conclusion we'd all be very happy. Then again, FORE seems to be reaching that new valuation just fine by itself lately. There seems to be a lot of anticipation of a good earnings statement for this quarter based on the timing of all of this accumulation. I may retire off this stock yet.