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


To: Ed Frye who wrote (9865)12/5/1998 4:37:00 PM
From: Sherman Chen  Read Replies (1) | Respond to of 12559
 
Thursday's candle looked like a shooting star, and Friday's like a hanging man, but like you said, if you put them together it's a big white candle. The volume on Thursday was much higher than Friday too, but I'm not sure what that means. Anyway, I'm holding.



To: Ed Frye who wrote (9865)12/6/1998 12:00:00 PM
From: OrionX  Read Replies (1) | Respond to of 12559
 
Ed,

Thanks for your analysis. There is much to ponder. I still feel bullish on Fore's next earnings release. The market has a will of it's own and can swing a stock any which way regardless of fundamentals. Still, I'm counting on Fore building some support in the $18 dollar range and certainly holding above 16 1/2 from here on. Would be great to hit 20+ within the next two weeks and hold near that level but I'll be happy just to see some 20's prior to earnings in January. I'm actually banking on that. Have you seen anything to indicate how good the earnings are going to be? Of course, as it always happens, a strong move of the stock in one direction or the other will be indicative of some earnings info leak (assuming the markets don't severely over react - do they ever???)

Regards.

PS. Sherman, thanks for adding to Ed's TA.