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

To: Ibor who wrote (10044)12/30/1998 1:15:00 AM
From: jach  Read Replies (1) | Respond to of 12559
 
FORE is hiring close to 1000 people, and last qtr they said that they could not build fast enough. The qtr estimate is 10c only and last qtr even with not enough shipments FORE made 9c. So, imo, FORE should be able to meet or exceed this estimate. Both Newbridge and COMS indicated that WAN and Enterrprise ATM business was strong. Also, no announcements up till now from FORE. So, tomorrow we will see.



To: Ibor who wrote (10044)12/30/1998 4:02:00 PM
From: Tidbits  Read Replies (1) | Respond to of 12559
 
I agree. They need to a miss a quarter to fix this deep discounting problem at the end of the quarter....say they will not discount prices, wait to the end of the quarter and not close the deals...
losing significant volume of sales...but making a clear statement to the channels.

There isn't any evidence that FORE has fixed the problems experience last quarter.


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