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


To: jach who wrote (9166)9/29/1998 1:22:00 PM
From: Paul Jamerson  Read Replies (1) | Respond to of 12559
 
There is a rumor inside that there will be an earning short fall. Has anyone heard anything else?



To: jach who wrote (9166)9/29/1998 2:22:00 PM
From: matt fahy  Respond to of 12559
 
jach,

>>again, no-clue analysts and possible window dressings have made this stock a bargain; FORE with all the great earnings was at 28$ not long ago and now at 16$ seems a buy as there are no fundamental changes-target should be between 23-27$<<

I think the acquisition announced a week or so ago is a significant fundamental change, not saying its all bad, but at this point I think the street has a big question mark as to the value of the acquisition. I got out in the low $20's but think this is a reasonable price for the stock now and bought back in around $16.75.

Matt