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


To: VegasMan who wrote (9242)10/2/1998 1:10:00 AM
From: Ling Chen  Read Replies (2) | Respond to of 12559
 
<<Fore Systems to Be Added to S&P MidCap 400 Index>>

I think this is good news. Many mutual funds will add some shares
into their protfolio.

Today, I just picked some shares. If it goes below $10, I
will buy more, but I doubt it. I have been following FORE
for more than 3 years. I think this is very good opportunity
to buy. 2 years ago, it went to around $10-$12 when it gave warning.
At that time, they only make 5 cents with $100 million/quarter revenue. Right now, they can make close 10 cents and $140 million/quarter revenue. The stock is as cheaper as 2 years ago.
Of course, wonderful opportunity to pick up some shares. It will
go back to $15 level in 4-6 months(probably less, my opinion).

Good luck to all Fore share holders