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


To: Rich who wrote (8960)7/24/1998 12:12:00 PM
From: Riskmgmt  Respond to of 12559
 
Anybody have a notion of why we took
this initial dive?


IMO. This is nothing to worry about. The Dow and Naz both turned down and most stocks are off. When people get loses in their portfolio and get, or worry about getting margin calls they raise cash. Fore has had a nice run and traders are taking profit. Nice time to average down, perhaps.
I am a buyer at 25 and just sold some Aug 25 puts.

regards,

Ray