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

To: Elmer Flugum who wrote (10620)	2/28/1999 7:10:00 PM
From: Edwarda	Respond to of 12559

A dramatic increase for the quarter beginning tomorrow is a good shoot. The negative sentiment swirling around the stock at the moment remains--unfortunately--a debate over whether the company "made the quarter." My best estimate is 11 cents and they had to run like hell to make it. Len, I have posted this here before, twice, to no apparent notice. Think about the write off of in-process R&D associated with the acquisition. The FASB criterion is that the product does not have "technological feasibility." FORE seems to have served itself up to the SEC on a platter with a parsley garnish. In press releases around the acquisition, FORE noted all the trade mag raves for the product and even quoted a customer who expressed deep satisfaction with the product. Back of an envelope, this could be as much as 40% of reported earnings per share.