SI
SI
discoversearch

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: Ling Chen who wrote (9243)10/2/1998 1:56:00 AM
From: jach  Respond to of 12559
 
<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.>

absolutely correct-
FORE at almost 600 million $ revenue, growing 30 to 40% a year, they probably had orders came in last week of the qtr and not humanly possible to ship all; this kind of things are common in high-tech especially big ticket items-
FORE at low 1B$ mkt cap and 600m$ revenue is a real steal now; won't be suprised if LU comes in next week and offer around 30$, that will be about 3.3B$ which is still only about 5 times sales and a very good price; With LU backing FORE products can very likely generate 2 to 3 times sale of current level which means close to 1B$ - for LU will be a great addition to have for 1B $ revenue and spending only 3.3B$;
IMO, FORE has the highest probability of being acquired sooner compared to asnd and coms.



To: Ling Chen who wrote (9243)10/2/1998 9:44:00 AM
From: jach  Read Replies (3) | Respond to of 12559
 
this is very significant that will move FORE much higher; S&P MIDCAP; now even though they've no clue they've a simple indicator to buy and put into the group; FORE can go substantially higher since there are many MFs for S&P mid cap index. This alone can have FORE going up a few points in the next few trading days.

Again, FORE at around 1B$ mkt cap and 600M revenue is a big big steat now, not a bargain basement anymore-