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


To: aps who wrote (10460)2/19/1999 3:51:00 PM
From: JakeStraw  Read Replies (1) | Respond to of 12559
 
Just an overreaction to a letter sent to FORE (and about 150 other companies) regarding their accounting treatment of their recent acquisition. Scroll back some on this thread.



To: aps who wrote (10460)2/21/1999 12:06:00 PM
From: Bill on the Hill  Read Replies (1) | Respond to of 12559
 
The fall of price to 12 1/2 was not only a overreaction to the letter but the timing of the release of the letter release and the DELL earnings report. It created a great buying opportunity for me, I had been watching FORE and looking for a good entry point.

The restatement of earnings scared me a bit so I lightened up half of my shares and now the two recommendations should keep the stock under accumulation.

Thanks, Tim.

Bill