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

To: contax who wrote (11268)	3/24/1999 4:18:00 PM
From: Billy	Read Replies (4) \| Respond to of 12559

You'd be VERY lucky to get more than 25... Even 25 is a stretch. Why would any Co. buy FORE now at a premium when they could have picked it up last year at an average price of 15? I think that the price of this stock has reflected the lousy market (as compared to gigabit ethernet) for ATM. FORE or any other company has not yet demonstrated that they can really penetrate the market with ATM at a cheap enough price to get all those networkers out their to switch from what they have now. Also, nobody's gonna take those kind of dollar risks until this Y2K stuff is behind us. Once those Y2k dollars start to free up (and they should start to in the 2nd half of this year), you might see some people willing to take a bet on ATM.