SI
SI
discoversearch

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: john dodson who wrote (10441)2/18/1999 12:34:00 AM
From: Jeremy G. Browning  Respond to of 12559
 
Doing a little DD on FORE. Please help.

What happened in mid January when FORE fell from ~21 to the present levels?
Why is this company a value at -1.48$/share?
Jeremy



To: john dodson who wrote (10441)2/18/1999 8:48:00 AM
From: Apache Indian  Respond to of 12559
 
In any case the Earnings restatement should be a trading buy opportuinity if it took the stock to 12 or lower again, I dont consider this restatement serious enough, its the following out of the company's quarterly report that I consider more serious.

"The introduction of a new line of products based on multi-service WAN adaptation and concentration technology for the service provider market, previously announced by the Company in connection with an acquisition, has been delayed, and there can be no assurance that this product will be introduced or, if it is introduced, that it will be successful in the marketplace. There can be no assurance that the Company can successfully introduce and market new products resulting from the acquisition of Berkeley or identify other acquisition opportunities or that any acquisitions that are completed will be successfully integrated with the Company's operations."

Typical FORE; true these are simple warnings as in any SEC filing but with FORE such things can be taken as 50/50