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

To: lin huan chen who wrote (11125)	3/22/1999 5:32:00 PM
From: OrionX	Read Replies (3) \| Respond to of 12559

I just don't get it! While there's the possibility that Fore may be taken over, any of the so called buyers could have bought the company weeks and months ago before Fore went out an spent more money buying up Euristix. If Fore is dealing with any of these prospective buyers, they must have been doing it for several weeks during which Fore made the last purchase. Fore could definitely have halted buying until any buyout deal was over with. So, while a buyout is possible, I don't see how Fore's recent behaviour fits in with a buyout.

To: lin huan chen who wrote (11125)	3/22/1999 5:32:00 PM
From: NoWhereMan	Read Replies (1) \| Respond to of 12559

From CNET: [Ericsson increases it's stake in FORE] High-speed networking specialist Fore Systems appears to be caught in merger fever. Wireless giant Ericsson recently increased its stake in the maker of data network switching equipment. The investment was largely a result of Fore's lagging sales and vulnerable position as a relatively small player in a market for networking equipment that is now dominated by multibillion-dollar giants. Fore experienced a noticeable spike in its trading volume last Friday, as shares jumped 2.5 to close at 17 on more than 28 million shares. That was followed by another busy day today, as the company's stock soared 10 percent to close at 18.6875 on more than 16 million shares. Ericsson has made it clear it intends to be one among a number of international telecommunications companies attempting to expand their role on the Internet by latching onto the data equipment market through acquisitions. Rumors continue to circulate that Ericsson turned its attention to Fore after being outbid for Redstone Communications last week by another technology giant, Siemens. Ericsson has been quiet, while the likes of Siemens and Alcatel have bolstered their presence in the data networking market in recent months. Ericsson executives have made no secret of their interest in data networking companies. "We certainly are looking," a spokeswoman said. A Fore spokesman declined comment on the acquisition rumors. Last month, Fore's shares fell 16 percent after the No. 7 networking-equipment maker said sales in the fourth quarter ending March 31 were lagging forecasts, prompting concern that earnings may fall short of consensus estimates. Bloomberg contributed to this report. news.com NWM