Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Jamerson who wrote (10223)	1/20/1999 12:01:00 PM
From: Apache Indian	Read Replies (2) \| Respond to of 12559

with this kinda growth at 24 its overvalued, at 16 its undervalued, makes it a very uninteresting stock ? NO ? I like FORE in the teens but never seem to get around buying it because my price target has always been so conservative, any longs feel this stock should be more than 25 bucks ?

To: Paul Jamerson who wrote (10223)	1/20/1999 3:18:00 PM
From: Jonathan Liu	Read Replies (1) \| Respond to of 12559

For a small company like fore, revenue growth is more important than earnings, as long as it continues making money. Market share/revenue is the thing that really counts in the value of Fore in case of a buyout. FORE stock price will be pushed up by revenue grow strength and its strong product pipeline. The companies want to buy FORE will not care its earning is 12c or 10c, it doesn't make a difference. Fore knows this well, that's why they spent so much money on marketing sales and buildings, which could negatively affect the earning and profit margin. The market failed to see the strong quarterly growth, and the emerging strong products, paid too much attention on 1-2 cent difference. Bought more shares, which I sold yesterday, back today.