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

To: Bong Lewis who wrote (9277)	10/4/1998 12:13:00 AM
From: jach	Read Replies (3) \| Respond to of 12559

<FORE will be double from this level, but how long,> maximum six months, IMO can be much sooner that six months; don't forget FORE does have a great appeal to a lot of telecom companies that definitely need to get into data world; their asx4000 is the best ATM switch and it's designed in mind for the next generation; Also, FORE switches operate on standard ATM FORUM's standard PNNI networking protocols which give them tremendous advantage in scalabilty over cisco older generation switches which without PNNI cannot scale more than a few hunderd nodes; asnd cscc switches can scale better based on OSPF protocol but was not designed in mind for ATM networking - Berekely will add to revenue much sooner than they predicted; Berekely switches with NT support can and will open up a new era of network aware computing that spans from LAN to WAN. FORE with Berekly now has all the building blocks to provide real applications to applications end-to-end control networking environment; many companies pay lip service but none has delivered it yet and FORE with Berekly, IMO, will be the first vendor to provdie this great product opportunity which IMO the mkt will dwarf the current ATM swicth mkt revenue. IMO, FORE with 14c estimate was at 28$, if we assumed Berekely networking acquistion as near term impact to earnings of 10% then it should be at 25$; now with 30% short fall in earnings (actually with backlog they can't ship should be much better next qtr) the price should be at 17.5$. So, IMO FOR near term should move up to 16-17$ range.