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


To: Just Johnny who wrote (8925)7/17/1998 5:26:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 12559
 
If that is the case why don't people start to buy at the
close since the bookie sold from 26-5/8 all the way back
down to 25-1/8, don't they have to buy back the supply
later ???



To: Just Johnny who wrote (8925)7/17/1998 5:41:00 PM
From: matt fahy  Respond to of 12559
 
JJohnny,

That was helpful in understanding all this activity. I think that if this theory works consistently then we should capitalize on it. Finder and Igor thought this would happen. So why don't more investors sell in the morning if it is above strike price, it seems too easy. I would like to discuss this and watch it again next month expiration to see how acts again.

Also, fore can't seem to penetrate the $27 resistance. It looks like we have a $25 - $27 trading range, with good support around $24. I hold a core fore holding of 25% - 50% of fore stake and trade the rest to try and capitalize on this activity.

Where has Ed been, he seemed to know the trading ranges rather well. Ed what is your take on next 4 weeks trading range for fore? I understand this is still just a guess but am interested in your viewpoint. Do you think for is fully valued at $25 - $27?

Anyone have thoughts on fore's trading range for next couple of weeks.

Matt