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

To: john dodson who wrote (10068)	12/31/1998 10:30:00 AM
From: jach	Read Replies (2) \| Respond to of 12559

Downside and risk are always associated with stocks and there is nothing to add here. As for the fool report, just stating the fact correctly. FORE, imo, has much better appreciation compared to downside risk. In hightech, especially high-end networking segment, completing and having two major products are very significant. FORE had recently completed the ASX4000 and Berekely ESX2400 and ESX4800 products. ASX4000, from my analysis it is a great ATM switch that can serve not just Enterprises but aslo Service Providers' market. SP market is new to FORE and that will bring addional revenue. My take on FORE hiring close to 1000 people is that they did get a large contract from one or more Service Providers for the ASX4000 product line and that the revenue stream can support this enormous increas in staffing. The ESX2400 and 4800 got rave reviews from test labs as well as from customers. It uses Windows NT as the administrative and support for the box and that in the long run will benefit FORE. Why? because Windows NT brings with it a broad spectrum of features and capability. that will help in supporting Applications-aware networking. MSFT also uses FORE switches in its large campus, and therefore running Windows NT makes it more so for MSFT to deploy more FORE switches and this also can influence many large Enterprises decision towards FORE favor on moving into GBit mkt. FORE market valuation is a bargain here. Revenue stream at around 700 to 800 millions and having a market cap of only around 1.5B. FORE can be acquired anytime during next year. So, based on this, imo, FORE is a great buy at this price.