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


To: john dodson who wrote (11005)3/20/1999 12:15:00 PM
From: Note bene  Read Replies (3) | Respond to of 12559
 
ALERT!

I am a subscriber to Michael Murphy's tech stock newsletter. He is very bullish on FORE. In today's weekly update, he indicated that FORE could be purchased by any number of large European telecommunications companies who need FORE's technology to keep up with competitors like Alcatel. Interested companies would include Ericsson and Nokia.

Murphy thinks that the stock could easily trade up into the 20s in the near term just on the strength of the buyout scuttlebut, but that if a buyout does come about it should occur at a stock price north of $30.

Murphy actually thinks that this may be not be the optimal occurence for FORE shareholders. He believes that in a 1 to 2 year time frame, FORE should be trading well above $30 per share.

Good luck to all. Remember: do your own due diligence.




To: john dodson who wrote (11005)3/20/1999 12:29:00 PM
From: jach  Read Replies (1) | Respond to of 12559
 
<"most" of those who are negative>

not exactly, I said "most of the gripers". When the price is right it will go. Remember ASND, similar talks and comments of not wanting to sell went on for quite long and then the pop came.