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

To: N.Sullivan(SULLY) who wrote (8867)	7/10/1998 12:05:00 PM
From: Igor Nasonov	Respond to of 12559

Thanks, Sully. I read ML Joseph J. Bellace expectations report before. Trading yesterday and today shows desperate attempts of some institutional holders to cover short positions. As soon as they done (or half done :) FORE will jump to $26 - $27 range very quickly. I experienced it with ASND two days in a row. Look at Ascend now. Up, up, up to the Tuesday report. Happy Trading, Igor

To: N.Sullivan(SULLY) who wrote (8867)	7/10/1998 12:08:00 PM
From: VegasMan	Read Replies (1) \| Respond to of 12559

Does anyone find it surprising that FORE has been knocked around a bit the last couple of trading sessions??? With earnings four days away shouldn't we start to see some pre - earnings buying. Also do you think good reports by ASND and XYLN will push FORE to the 28 - 32 range before they release earnings??? VM

To: N.Sullivan(SULLY) who wrote (8867)	7/11/1998 1:52:00 AM
From: jach	Read Replies (1) \| Respond to of 12559

too little too late coming into the game for these follow-the-herd analysts educating here at SI: see ref. below- <<bulletin on Data Networking from ML dated July 1st. INYESTMENT HIGHLIGHTS Revenues: We expect FORE Systems(FORE,257/8,C-2-2-9)to report the strongest revenue growth with an increase of 47%. We estimate that ODS Networks(ODSI$61/4,C-3-2-9)will have the most significant revenue decline. Gross Margins We expect gross margins for most data networking companies to be flat on a sequential basis,with Bay Networks(BAY,319/16)having the largest increase(2%). *EPS We expect FORE Systems will report the strongest year-over-year EPS improvement with an increase of 162%. Other Recommendations: We expect FORE Systems'40 gigabit switch to have gross margins higher than the corporate average and to contribute potential revenues of 100 million in calender 1999.>> Message 4264704