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

To: Paul Jamerson who wrote (9804)	11/24/1998 10:12:00 AM
From: Ed Frye	Read Replies (1) \| Respond to of 12559

However FORE is back to 16 this am with a gap up opening after holding waistline (of last week's tall white candle) at close in yesterday's pm shakeout. Volume is low. Stock could have tanked this am but it didn't. Obviously bullish short-term. I don't look beyond the short-term on FORE anymore. ed

To: Paul Jamerson who wrote (9804)	11/25/1998 2:19:00 AM
From: jach	Read Replies (1) \| Respond to of 12559

FORE can go as high as 43$. NT-based applications aware GBit switching products and the ASX4000 will very likely double the revenue for FORE for the next 12 months. The doubling of workforce somehow indicated that the majority of orders may have already been placed. What this means is that the earnings can go up to 1.25$ for the next 12 months and based on 35% growth rate we are looking at 43$. IMO, FORE will very likely be bought out within the next 12 months, and the price between 25 and 35.