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


To: Rich who wrote (10496)2/25/1999 10:36:00 AM
From: OrionX  Read Replies (2) | Respond to of 12559
 
Rich et al,

I don't know if this is off a tangent but I'd like to say a few words about this roller coaster stock.
How fast people tend to forget that many great companies with the greatest products on the planet have long since gone. Those that still are here today are those that market and sell their products irrespective of whether they are the best or fastest. I've learned my lesson once too many times following companies with the leading edge products as claim to fame. At one point in time, if the sales don't keeping growing, some hard questions have to be asked. Like they say, if you can't beat them, join them. If Fore has some problems growing faster than they are currently and with growing earnings, then the time has come for Fore them to sell the company. Most people, in my opinion, don't understand quality, performance and feature advantages which is why they buy whatever they can get to do the job for the least dollar. Just look at history and around you today, and you can name several products and companies that have since vanished or moved into the shadows.

BTW, the comment of the CEO saying they're going to meet with CIOs and CEOs definitely made me think and reassess this company's management which in the past I took on faith. Those comments were certainly not what I expected the CEO of an aggressive and growth focused company to be saying at this point in time. IMHO, this is what is normally said early on in the growth of a company. I assumed (argh!) they were doing this all along. What have they been doing so far???

Still long for now.



To: Rich who wrote (10496)2/25/1999 4:46:00 PM
From: john dodson  Read Replies (2) | Respond to of 12559
 
Re: FORE has a great product but mgmt has failed to capitalize. Being in sales in "technology", I find Gills comments hysterical about we are now going to call on CIO's and CEOs.....perhaps the VP of Sales should be roasted over a hot fire....

This implies that the purchasing folks at these "customers" companies aren't as "receptive" to FORE's sales pitch as FORE would expect. Doesn't exactly jive with the other messages we've gotten from FORE, like:
1. Ended the quarter, and sold more than we could make
2. Doubling the workforce (implication is to meet huge product demand)
...

-John