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


To: garrick le who wrote (11143)3/22/1999 7:11:00 PM
From: Aj-Ruk  Respond to of 12559
 
I just experienced this same scenario with XYLAN and I would almost consider it a sure bet that FORE is being taken over for real this time. Same indicators are present. Huge block purchases with institutions given time to get their best customers in for a quick pop. 20 -50 % never hurt anybody.Good luck to all.



To: garrick le who wrote (11143)3/22/1999 9:45:00 PM
From: Nescom  Read Replies (1) | Respond to of 12559
 
Garrick I concur on the Options volume. I checked while I was entering the stock. The volume and open interest is very high in the $22 1/2 and $25 call options. Very nice open interests in both calls. Lots of folks think that smart money attacks the stock. Thats true to a degree but the smart money also agressively goes after the calls. One other observation is that this buyout is hitting the street quickly because a lot of the volume is accounted for recently. In other words nobody is exactly sneaking into the calls. I have to say there are things happening that will make for an exciting time in FORE. Good trading to all.

Nescom out-