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

To: Finder who wrote (9021)8/26/1998 10:30:00 AM
From: Finder  Read Replies (1) | Respond to of 12559
 
We are now at number 3 on the NASDAQ percentage losers list for the day.

Great decision.



To: Finder who wrote (9021)8/26/1998 10:33:00 AM
From: TechAlive  Read Replies (2) | Respond to of 12559
 
Down $3.375 ...

That's about $350M loss in market cap. About $100M too much.
In the worst case the stock should only lose what they are on
the hook for - $250M.

Should recover some. At the end of the day, I would expect
a $2 to $3 loss in share value. I further believe this Berkeley
company has to be worth something or they would not buy it.
So over the days it should settle out to a $1 to $2 net loss
in share value.

Tony.


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