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

To: VegasMan who wrote (9003)	8/18/1998 9:32:00 PM
From: jach	Read Replies (2) \| Respond to of 12559

Good potential for FORE, extract from ATM mkt leader news release: "Within corporate network backbones which are ATM based, FORE Systems' technology dominates that of all other ATM solution providers,'' added Dell'Oro. ''FORE Systems is in an excellent position to extend their strong brand in the enterprise market into the burgeoning carrier and service provider markets." At about 650m revenue, and with great position in the Enterprise arena, imo, FORE is an ideal candidate for LU. Assuming 6 to 8 times rev, imo, target price in the range of 42 to 50$. At 25$ now, the upside potential is there - if one can take some downside risk based on mkt