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


To: Ed Frye who wrote (9901)12/8/1998 10:06:00 PM
From: Ed Frye  Respond to of 12559
 
cbs.marketwatch.com

Recent RSI and Money Flow trendlines slope upwards, consistent with price trends. Some positive divergence exists compared to beginning of time period.

Stochastics entering overbought range if not in an uptrend. But DMI (earlier note) suggests we are therfore not important. Change graph to weekly data and stochastics correlate almost perfectly to FORE's price movements. If valid, current weekly stochastics shows a buy signal.

Should be a fun week.

ed



To: Ed Frye who wrote (9901)12/8/1998 10:08:00 PM
From: Phillip Biffle  Read Replies (2) | Respond to of 12559
 
To all,
First I am a broker, I have no facts to add, and I have a fairly large position in FORE. I had a client that called me today that has a friend that deals with a broker that lives in Pittsburgh and claims to live near the ceo or president of FORE. This sounds like a soap opera. But anyway, the broker told his friend to sell his fore because he was told that Fore would be buying another company very shortly which will most likely make the stock go down. I got this from at least the third person maybe the forth. Can anybody add any info to this either to verify or not? Any help will be appreciated.
thanks
Topstock



To: Ed Frye who wrote (9901)12/8/1998 10:23:00 PM
From: jach  Read Replies (1) | Respond to of 12559
 
OK, the point is that the DIRECTION is UP and it's likely to go up more and more. Simple basic logic points out that:
(1) FORE is in a market that is growing rapidly
(2) FORE now has great products
(3) FORE is almost doubling its workforce
(4) FORE said they could not ship fast enough last qtr
(5) FORE is a hot candidate to be taken over anytime

So, FORE is a good buy, and should average in as always for prudent investment. All imo.