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

To: nokomis who wrote (10426)	2/17/1999 11:32:00 AM
From: JakeStraw	Read Replies (1) \| Respond to of 12559

>>Upgrades mean sell, downgrades mean buy. Yeah that strategy should net you some great returns.<g> Look at the fundamentals for FORE and see if you can back that statement still. Their revenues s/grow at leats 30% to 40% this year. IMO the upgrade was warranted. A matter of a fact I see more coming!!

To: nokomis who wrote (10426)	2/17/1999 11:22:00 PM
From: Hector	Respond to of 12559

re: Upgrades mean sell, downgrades mean buy...I learned the hard way. Just passing by and couldn't resist. It's usually a little bit more complicated than that. Upgrades of a stock on the day or within a few days after it's down big is a clear signal to sell. Best current example is Dell Computer. Good clue to get out as fast as possible is when analysts keep reiterating their buys (Dell again) while the stock goes down. Also, take a look at the oil drillers last summer. Upgrades of a stock after it's been in an uptrend for awhile are usually valid. Downgrades of a stock which have fallen 50% or more from their highs, usually indicate that the bottom is near. Wait at least a couple of months or until you see it moving up, even while the news is bad. That's usually the all clear.