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


To: frank burch who wrote (9161)9/29/1998 10:55:00 AM
From: Honor First  Respond to of 12559
 
Fore Systems Inc. (FORE) fell as much as 3 7/16 to 15 3/4 on an inflow of $2.84 million on investor concern that a lack of news about recently signed large orders may indicate that the computer-networking company's fiscal second-quarter earnings for the period ending tomorrow won't meet the 14 cents a share average earnings estimate of analysts surveyed by First Call Corp., said analyst Bert Hochfeld at Josephthal & Co., who rates the stock a ''long-term buy.'' Hochfeld said that in this jittery market for technology stocks, earnings apprehension drives excessive volatility.