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


To: Bald Man from Mars who wrote (9316)10/7/1998 10:47:00 AM
From: jach  Read Replies (2) | Respond to of 12559
 
FORE at around 11$ (book value is more than 5$) now has mkt valuation of 1B$. If it stays at this no doubt in my mind FORE will be acquired in no time; FORE has revenue of more than 600m$ and making pretty good money; IMO, FORE will be a great candidate for LU to expand in the enterprise sector; LU already OEM xyln producst which are enterprise WAN access boxes and with FORE will be a great combination. LU is weak in the Enterprise sector and that combined with FORE ridiculous valuation give a very good chance of being bought out by either LU or one of the big European telcos.
FORE, IMO, reasonable price would be between 25-30$.
STRM got 8 time revenue and at 30$ it's only 4 to 5 times revenue and FORE now has much more revenue than strm at that time.