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

To: Igor Nasonov who wrote (8905)	7/17/1998 9:13:00 AM
From: Igor Nasonov	Respond to of 12559

News about FORE. biz.yahoo.com Good Trading, Igor

To: Igor Nasonov who wrote (8905)	7/17/1998 9:20:00 AM
From: Bruce L	Read Replies (1) \| Respond to of 12559

<I would say street should be pleased with results. Once again it's networkers worst time of the year. Let's wait for reaction.> Igor: I listened to the CC and thought it very upbeat: 1. Revenue up 50% Q to Q; almost 10% sequentially from last quarter in a historically weak Q. 2.Except for marketing expenses which are up (Network of Steel), expenses and inventories were in line. 3. Penetration of enterprise ATM backbone market was impressive with contract "wins" outside FORE's tradtitional healthcare/government market. 4.The tone for the future was positive. They said that they were comfortable with the growth projections of outside analysts and maybe even could exceed these; but they openly said they didn't want to encourage excessively optimistic projections for fear they couldn't meet them. I don't see that realistically they could have progressed more than they actually did. However, on instanet the price has barely budged from the close of 25. The Rats. They're trying to hold us to 25 for options expiration!