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

To: OrionX who wrote (10945)	3/19/1999 11:46:00 AM
From: jach	Read Replies (2) \| Respond to of 12559

FORE at these priecs is a big buying opportunity ---------------------------------------------------- regarding your post: <The signs don't point to one but seem to point to the opposite ie. possible bad news to come.> --------------------------------- what signs, the thirteen zodiac branches pointing slightly down ? FORE at 1.5B$ mkt cap is a big big bargain. COmpanies are paying 500 to 600 Millions for startups that do not even have any revenue or shipped products yet. FORE has about 700M revenue and more than 4000 customers. Not to mention their new ASX4000 and ESX2400/4800. Both products look really good technically. MSFT uses in their campus in a big way. That said a lot about their technology superioty. So, to me, it is very simple and clear that FORE is very attarctive at these levels, just 2 times more mkt cap (no premium yet) compared to those 0 revenue startups, something is missing here, and it's clear that no-clue investors and MMs are selling because they know nothing about the technology nor the value,maybe they're using the zodiac stock trends, sad. FORE at these prices is a big big buying opportunity, imo.

To: OrionX who wrote (10945)	3/19/1999 11:48:00 AM
From: Kenneth E. Phillipps	Respond to of 12559

I don't own this stock but I recommended to a friend who used some of his profit from Xylan to buy it. I am interested in how much of Fore's revenues are derived from the enterprise sector. Does anybody know? I am asking because news seems to indicate the enterprise sector is weak right now. Ken

To: OrionX who wrote (10945)	3/19/1999 11:50:00 AM
From: Jon Stept	Respond to of 12559

OrionX- re:" what's happening from the block trades of shares and options..." Hi OrionX, I am not totally well versed on options and futures, but one thing that can cause a lot of buying like we are seeing is those exercising their options... I think. From the way I, a neophyte, understand it: Calls and puts are options. Each option is an actual contract with a buyer and seller. Calls are sold by those who think the price of the stock will go down, and bought by those who think the price is going to go up. Puts are sold by those who think the price of the stock is going up and bought by those who think the price is going down. The seller of the option is obligated to redeem the option for shares if the option is exercised by the buyer of the option. Most option contracts are bought and sold without exercising, but some are. As an example, (the dates and prices are not right, but I think the dynamics are right) if a call that expires today was for FORE at 12, the seller of the call would have to purchase the stock on the open market, if they did not already have the stock, and the buyer of the call would get the stock. It can also work in the other direction. That is a seller of a put option would have to buy the stock on the open market, if they did not have the stock already, to fulfill the contract if the put option is exercised. I think that is how it works... there are lots of great sites on the web that probably explain it a lot better than me. All in my opinion. Jon :)