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


To: jach who wrote (9228)10/1/1998 6:43:00 PM
From: Arv  Read Replies (1) | Respond to of 12559
 
>>Even when FORE was having bad times (making only a few cents) the stock was around 15$; now with sales growing
and a strong backlog it's at 11$;<<

But one has to place the observation in context. When you consider FORE's potential by itself, the answer appears to be a no-brainer (that it is under-valued). In context of the rampant paranoia and precarious overall market, however, one can't compare with past valuations.

What do you think will happen when FORE formally reports on the 15th? Let us hypothesize that they report numbers closer to the higher end of the range disclosed today. Whether or not it is sensible, I still suspect another round of selling will occur. That's based on my observation of recent general market behavior. Having said that, I do believe the stock is oversold. Question is- will the market share that sentiment...