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

To: jach who wrote (9317)	10/7/1998 10:48:00 AM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 12559

how come fore is not moving today ???

To: jach who wrote (9317)	10/7/1998 11:23:00 AM
From: Kent Rattey	Read Replies (1) \| Respond to of 12559

<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.> STRM hadn't just preannounced they couldn't make their earnings. They were positioned in a market with no real competing technology. GE in the LAN is emerging as the leading technology in FORE's primary market. It will not be easy to take business from the likes of CSCO and ASND in the WAN. As a result, the stock price is at 10. Explain to me why LU or anyone else would pay 2 to 3 times the going price for this company? Typically, you receive a 30% premium. If they were to sell at these levels, you wouldn't be happy. Kent