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

To: OrionX who wrote (10983)	3/19/1999 3:46:00 PM
From: DiB	Read Replies (1) \| Respond to of 12559

26 mil shares will be traded today. 2 mil BOUGHT before the bell...

To: OrionX who wrote (10983)	3/19/1999 3:51:00 PM
From: john dodson	Read Replies (1) \| Respond to of 12559

Short interest would not account for all of it either. According to viwes.com FORE short interest is very low @ 2.3 million, which is less than one day's average volume, and less than 1/10 of today's volume. This seems low. Can anyone else validate these numbers? My take is that it's a combination of the "rumor", options expiration, short's covering, today being Friday (many takeovers occur over the weekend in time for the opening bell on Monday), possibly the severe oversold position that FORE was in, and the buying mania created by all of this. The main thing is the rumor. Ya don't get nearly 30 million shares of FORE trading w/o that. -John