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

To: jas cooper who wrote (11521)4/4/1999 3:52:00 PM
From: Rich  Read Replies (1) | Respond to of 12559
 
I do not think I have seen a takeover target EVER lower than what the current price is! Not being greedy mid to upper 20's is a fair offer considering what some companies have paid cash for with (i.e. Argon, Castle) little to no customers or products.

As a side note, I definitely fell out of my chair with Jach's Yahoo potential buyout of Fore. Yeah...I heard yahoo may buy General Motors so they can really NOT focus on their core competencies!



To: jas cooper who wrote (11521)4/4/1999 4:12:00 PM
From: Nandu  Read Replies (2) | Respond to of 12559
 
I think the British papers are repeating the rumor that first appeared on CNBC, or maybe they a know a little more. To me it is obvious that the figure mentioned is the current valuation of FORE and not the price GEC would offer in a merger.

Also, don't confuse GEC with GE.

TO me it is a little disconcerting that so many suitors are rumored. With Xylan, it was pretty much Alcatel all the way through.


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