Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ahhaha who wrote (11044)	3/22/1999 9:23:00 AM
From: Kent Rattey	Read Replies (1) \| Respond to of 12559

<I don't agree with this assertion: Growth in this (Enterprise ATM/LAN) market is currently decreasing by 50%. > Merrill lynch report 3/9/99 We recently finished our analysis of the December 1998 quarter market share data from the Dell'Oro Group and In-Stat. This note summarizes the key points from that analysis – a comprehensive report will be out shortly. Highlights are as follows: Based on projections from In-Stat, we have reduced our expectations for growth in the ATM LAN switch space in 1999 from 40% to 19%, and anticipate total revenues in this space to reach $990 million in 1999. We are reducing our expectations due to the rapid uptake of Layer 3 and Gigabit Ethernet switches. We estimate that Fore Systems (FORE, $14 1/8, C-3-2-9) derives 40-50% of their revenues from this segment, and would likely be impacted by a slowdown in the market. A decrease of growth from 40% to 19%, is a 50% decrease. It is unrealistic to believe FORE can go it alone and survive at this point. Kent