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

To: Ed Frye who wrote (9750)	11/19/1998 2:38:00 PM
From: Ed Frye	Read Replies (1) \| Respond to of 12559

Intraday Reversal..... Intraday shows volume approached zero for 15 mins @~1pm. Since then, the trend has been steadily up, approaching yesterday's close, indicating the initial wave of profit-taking has ended, and net buying has resumed. Volume-wise, it looks like the sell-off constituted approx 1 MM shares, or about 1/8 of yesterday's volume and about 1/5 of yesterday's volume in excess of the ave daily volume. From this I infer a lot of yesterday's buyers are still holding on to their shares expecting more upside. That today's temporary 32% retracement has been almost fully recouped is short-term bullish. ed