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


To: jach who wrote (11000)3/20/1999 1:42:00 AM
From: dan bostan  Read Replies (1) | Respond to of 12559
 
Jach,
You are absolutely correct. However, we were expecting a buyout for almost two years. Let's hope the time for a change has come.



To: jach who wrote (11000)3/20/1999 2:58:00 AM
From: Ibor  Respond to of 12559
 
Nice spin Jach,

The reason investors are frustrated with management is simply that this CEO took over in 1997 (96 as COO) when the stock was in the high 30s, and has driven it down to the teens. This is infuriating for us non-employees Jach, because the industry has risen during that time and FORE's technology is fabulous.

Great company + great technology + great market is a good situation to have. The 60% drop over these two years is solely from poor execution. Gill will be fired or he will sell (and then he'll be fired).

Is this at all apparent to you?

I assure you that many here are not at all clueless re technology, but are reasonably and justifiably upset over this company's execution.

Ibor



To: jach who wrote (11000)3/20/1999 8:29:00 AM
From: Kent Rattey  Read Replies (1) | Respond to of 12559
 
techstocks.com



To: jach who wrote (11000)3/20/1999 11:04:00 AM
From: john dodson  Read Replies (2) | Respond to of 12559
 
Jach,

Here we go again. So, "most" of those who are negative about FORE are either "clueless about technology" or "sold at the bottom". I disagree with this. As I've said all along, FORE will probably eventually get there (that's why I own it), but it is not a slam dunk as you imply with every post.

Once FORE management decides that they will go on the block, then sure they should fetch a decent premium. However, up until this point they have decided not to be taken out at these prices. Additionally, they have floundered in their attempt to grow earnings:

stockmaster.com

Naturally the stock price has suffered, and will continue to suffer until either earnings growth returns to healthy levels or management gives up trying to go it alone and concedes to a take out.

-John