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

To: Bob Williamson who wrote (10624)	2/28/1999 11:40:00 PM
From: jas cooper	Respond to of 12559

What if the shiny horn is needed to communicate and the tire could be maintained until a new one is absolutely necessary; and the others that appear to be faster are without a headlight and horn or have dimmer headlights and/or less efficient headlights and horns? You can twist the analogy around, but the underlying premise remains. If you look at FORE as a networking equipment manufacturer, given the fact that they are a pioneer in ATM, and ATM has become a preferred method of data transport, there is a major problem if the company can't realize consistent and dramatic growth in both revenues and earnings. If you look at FORE as a buyout prospect, just like the bicycle, or a house, or car, any addons may not be to the liking of a potential acquirer, and becomes excess baggage that may only help to sour a deal. Regardless of how good they may be, the desirability of FORE is its core ATM business, not GE, and not applications to run on their equipment (except management and configuration apps, which already should be included). Despite this poor performance to date, I feel that reaction to the recent acquisition and lackluster quarterly outlook has been overdone. This, combined with an unwarranted trashing of techs, has put many stocks at what some may consider "attractive" prices. If one assumes a recovery of the networkers, FORE at $14 and change may be a deal. As a longtime holder of XYLN, many on SI can tell you (Ed Frye, got your ears on?) of the mysterious attraction of the twos' stock prices. With XYLN's price soaring to the mid $20s (and devoid of any supporting news), it's altogether possible that FORE could double in the near term. Or XYLN could come tumbling back to the teens.... That's what makes investing so much fun, and so frustrating.