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: Jeff Lins who wrote (10820)	3/11/1999 8:28:00 PM
From: Bob Williamson	Read Replies (1) \| Respond to of 12559

Bought more FORE today, is it possible that the individuals responsible for running the corporation are not competent?

To: Jeff Lins who wrote (10820)	3/12/1999 8:59:00 AM
From: jas cooper	Read Replies (4) \| Respond to of 12559

Interesting that FORE didn't make the list in the article you posted. Seems to me they made the criteria. Maybe this is the reason: "Finally we don't want companies whose products aren't selling well, so we demanded a 20% sales increase in the most recently completed year. If a niche player has high sales growth, but limited scale it becomes attractive to a larger company that can gain leverage and boost margins and earnings " So many wise investors fail to realize that stocks don't operate in a vacuum. Not only that, but price changes in shares are not based on performance, but "perceived" performance. Regardless of what FORE has planned for this quarter, the market is casting a weary eye on all the networkers, or at least those who haven't exhibited stellar performance. Not only has FORE failed to deliver in the past, but the perception is that 1999 will be a difficult year for anyone to achieve decent growth, much less FORE, who I think the analysts still predict to grow at 30% (30% is a hell of a lot for a healthy company, much less a laggard). On the good side, things look pretty bleek for FORE. But they have a neat portfolio of products in what everyone considers a key sector. I'm not buying shares at the moment, but not because they aren't cheap enough, but due to my own current lack of confidence, caused by some of the following: I'm getting quietly clobbered in CPQ, and it looks like it may be a wait till things turn around. I've already gotten blasted in COMS. I'm about to get walloped in ORCL. Not to mention the other software stocks inflicting pain on my nest egg. I bought some DD (Dupont, not disk drives), thinking they were lagging. After watching the Dow surge without them, I sold for a meager return, and missed the big bounce yesterday. Dow and internet stocks continue to rise, independantly of the rest of the market. Unfortunatley, the rest will be dragged along when the direction is down. My question for the thread: We haven't heard from Jach in 4 days. Why? a) buy signal. b) finally got thrown off SI. c) margin calls. (if you believe he actually invested real money) d) gift from God. I'll be glad when this week's over.... jas.