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


To: mad dog from over there who wrote (9364)10/10/1998 12:47:00 PM
From: Tavros  Read Replies (1) | Respond to of 12559
 
Mad Dog,

Thanks for the compliment. At the risk of sounding self-congratulating, I will say that I agree with your sentiment. There is a huge amount of bullshit going on this thread. Although I do not share your bearish sentiment on the market, I do agree with your sentiment about FORE. I also agree that the rebound is not imminent (i.e., next couple of monthst, if nothing else, because of tax selling that will be taking place between now and year end. My position is higher than yours (I owned 15,000 shares with below $20 average cost), and I doubled it around $11. I plan to triple it on Tuesday. A company with leading edge technology, with orders that it cannot meet, and a valuation at 1.5 times revenue is a virtual "steal" under all possible scenarios, despite a mediocre management. I guess it is time to say to all the "whinners" that money talks and bullshit walks. Good luck!

Regards

Tavros