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: jach who wrote (10610)	2/28/1999 2:29:00 AM
From: Jeff Lins	Read Replies (1) \| Respond to of 12559

1) Nobody would pay 14x sales in this business. Especially not a smart shop like LU. 2) Paying 150 x earnings is just insane. That has to be what 6 or7 times CSCO's P/E- and CSCO is just getting off the ground! They'll likely continue growing at an exponential rate! Forever! 3) FORE's management are just a bunch of assholes sitting in PA wasting away the days thinking of how they can negatively impact the stock and screw all of the investors from SI. reality: I am guessing that nobody here really knows enough about the acquisition to say whether it was a good deal or not. The question to ask is not "will the stock go down tomorrow", but "where will it be in a year- are they positioning themselves to compete with the big guns, and if so might they succeed?" Hell, if they hold out a little longer, and show the big guns that they can and are a threat, then maybe CSCO will drop in and pay us ASND like prices- Then we can all take our $50/share or whatever it is and walk away smiling. If you are just trading the stock, then you have no reason to complain- part of the job is getting screwed. Nothing worse than having a stock you daytrade announce they are doing something smart for the "long term".