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


To: Bald Man from Mars who wrote (9683)11/18/1998 12:46:00 AM
From: jach  Read Replies (3) | Respond to of 12559
 
FORE at this price is a good buy. FORE is doubling its work force. The brighter days are ahead!
Simple logical thinking
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Why FORE is almost doubling its work force?
It's not something that companies tend to do before serious calculation because of the expense and cost to keep those extra people. Some very likely reasons:
1. FORE ASX4000 with the direct SONET feature has been sold to some large Telecom and SPs in very big quantities. FORE already sees the revenue doubling in the next six months and they're going full steam ahead with their hiring.
2. FORE Berekley NT-based Switches are getting very large orders from companies like Microsoft and others.
3. FORE has deals to develop new products based on ASX4000 with some large telecom and RBOCs.

These are just potential possibilities, imo, and #1 is the most logical. But anyway one slices it, FORE almost doubling its workforce measn something really big is brewing. Therefore, FORE at this price is a bargain.