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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: thebeach who wrote (23461)	4/4/1999 10:16:00 PM
From: Jeff O'Brien	Respond to of 90042

Keep in mind that the story said more than 1 million pounds. Note: worth repeating from earlier post To: Tim Luke (23383 ) From: Jeff O'Brien Sunday, Apr 4 1999 1:57PM ET Reply # of 23461 Tim, I agree. I don't think they will give this company away, either. I don't think shareholders will ever approve it at this price. Keep in mind, Fore's all time high price is $44/share. Second, the analyst said they thought Fore could go for $30. Third, they are one of the few left to scoop up which would indicate more interest and a better price. Fourth, it was reported about a year or two ago, that the board had turned down over $35/share - I think with Tlab or NT (can't remember at this point) I think we will see good price appreciation this week. Jeff

To: thebeach who wrote (23461)	4/4/1999 10:20:00 PM
From: kathyh	Read Replies (1) \| Respond to of 90042

I think the article was in pounds, $1 =.624 pounds... that's 2.5 billion dollars, but when I reread article, I saw it said "deals" not "deal" ... and different papers said different things...Sunday Business said Fore Systems FORE.O, valued at $2.5 billion, was the most likely target for GEC Here's a different paper... The Sunday Times said GEC had almost completed talks with a U.S. data-networking group worth around one billion pounds But people over on the FORE thread are now saying that they see bid and ask in $13.00 range... if that is true, I guess that would be giant sized headfakes... if panicked people fall for that, and put in sell orders @ market @ open.... then my limited experience says that would be an incredible buying opportunity... Someone please correct me here if I am way off on this...