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

To: jas cooper who wrote (10652)	3/2/1999 12:42:00 AM
From: Allen champ	Respond to of 12559

XYLN was just bought, FORE may be next ? Alcatel to Buy Xylan for More Than $1.7 Bln, NY Times Reports Bloomberg News March 1, 1999, 8:27 p.m. PT Calabasas, California, March 1 (Bloomberg) -- Alcatel SA, one of the world's biggest makers of telephone equipment, has agreed to buy Xylan Corp. for more than $1.7 billion in cash, the New York Times reported, citing unidentified executives close to the transaction. Paris-based Alcatel is thought to have been advised by Lehman Brothers, while Morgan Stanley Dean Witter is believed to have advised Xylan. The transaction, expected to be announced tomorrow, would be the second large acquisition in the communications-equipment industry this week, following General Electric Co. Plc's bid for Reltec Corp., the paper said. Xylan shares have risen 22.4 percent since Feb. 23 to 26 15/16 today on speculation the marker of computer-networking equipment may be bought at a premium by a large telephone- equipment maker. (NYT 3/1 www.nytimes.com)

To: jas cooper who wrote (10652)	3/2/1999 6:03:00 AM
From: John Ritter	Respond to of 12559

I have noticed that one needs to take profits in this market. One good example (and there are many) is RDRT now back down. FORE is not 'down' but potentially on the edge of a rise. Recent moves from 12 to 16 attracted my attention along with the conflicting signals from the company. But the real kicker is the sector, I'm very interested in this sector as having the potential for explosive growth longterm. The trick is to find the companies that are going to be the winners. FORE is showing more strength than CS or PAIR if you consider these to be in the same sector.