Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Rieman who wrote (9109)	9/7/1998 12:44:00 PM
From: jach	Respond to of 12559

<<By the merciless yet mysterious logic of the market, Fore Systems has just spent $250 million in order to lose $546 million. Fore's market value dropped $546 million yesterday, to just under $2 billion, after investors drove shares down 22 percent in heavy trading. The sellers were apparently expressing their displeasure at Fore's $250 million acquisition, announced after the market closed Tuesday, of Berkeley Networks, a small California startup.>> common moves to get some trading profits out of these; when FORE gets back to 25$ they'll then upgrade their ratings - the revenue outlook is very conservative; imo, GBit mkt for LAN and windows NT intergated support will generate revenue much sooner for FORE; ref: Message 5593343