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


To: jach who wrote (10947)3/19/1999 11:54:00 AM
From: OrionX  Respond to of 12559
 
jach,

I don't want to start a fight, but if you don't have anything to add to my questions other than joke about them, please ignore them. Frankly, I've been waiting for Fore to succeed in business on their own and a buyout would certainly be great. But, I think the baggage they've accumulated so far is more of a handicap to a buyout. That's just my opinion. As for the price movement, I've learned it the hard way, if this is all totally unsubstantiated in a few days, the stock will head back where it was originally headed. I've learned to live with these disappointments. From your remarks, I get the impression you haven't. An by the way, nobody buys or sells large blocks of options for pure game. My questions were directed at anyone willing to make some logic out of what such trading patterns can mean. That's it. I know what puts and calls are and how they work, but I don't know if today's options were market buys/sells and historically what has such trading patterns shown regarding how the stock behaves in the future. Does large blocks trading = inside information OR just pure gambling?



To: jach who wrote (10947)3/19/1999 2:49:00 PM
From: G. H.  Read Replies (1) | Respond to of 12559
 
Hello Jach. Well I see that the old Jach bashers are rather quite
today, imagine that, anyway, IMO, this is take over speculation,
with some meat to it. I posted an indicator of this build up the
other day from the Thompson site, which shows institutional interest.
With Siemans paying over 6000000. per employee for Redstone, the
networking game is heating up, and there is a scramble taking place
in order to stay in the game. Today is not related to options
contracts expiring, for those of you who do not know, this buying
started a week ago and from the volume today I would say something
may be close, but that's just a guess as I have no inside knowledge,
nor do I pretend to. If Fore goes, I would guess it would be upper
twenties, or if not wait a year and it should be there.

Take care

Henry