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

To: jas cooper who wrote (12023)	4/19/1999 11:23:00 AM
From: James Fulop	Respond to of 12559

From theStreet.com.... "One possible target is Fore Systems (FORE:Nasdaq), with a market cap of $2.8 billion and revenue of $635 million. Fore Systems is hardly small -- it has a full sales force and legacy business with corporations -- but its technology would make a snug fit. "Fore would complement [Tellabs' cross-connects] very nicely," says CIMI's Nolle. Already Tellabs has rigged its cross-connects for ATM traffic. Fore Systems might benefit from such a combination: It has superior ATM switches, but as a small company, it has not garnered lucrative contracts with the large carriers that Tellabs has served for years. Many in the industry regard Fore as a prime takeover target. Queried about Fore, Birck said wryly, "From what I hear, they have halfway-decent technology." A Fore official did not return a call for comment. Birck says he is particularly interested in network routers, which manage data traffic in a more sophisticated fashion than switches. Wilmington, Mass.-based NetCore is field-testing a router that Nolle says would serve as a nice bridge between Tellabs' current technology and Internet systems. NetCore intends to ship the product by late June. Since Siemens bought Argon Networks last month, NetCore is perhaps the last viable candidate in its niche." thestreet.com

To: jas cooper who wrote (12023)	4/19/1999 11:54:00 AM
From: Trevor Goodchild	Read Replies (1) \| Respond to of 12559

Jas This news is plenty good. FORE's untapped value lies in its technology and its always nice to reconfirm their leadership there. FORE could nail $1B in sales over the next 12 months (IMO) on its own with partnerships and alliances and their new found flexibility. They no longer need to lose sales to others because they didn't offer a hedge against ATM. Its also nice to reconfirm all the multimedia apps on the horizon needing FORE's solutions. HDTV, videoserving, distance learning, etc. all represent new sectors that don't have pre-existing ethernet investments where the existing vendors have the advantage of leverage. BTW, I agree that if you take all the crap people complain about being in posts out of posts, there wouldn't be anything left. That's why SI is so much more a community than RB and Yahoo. It's like wrestling but we got all the marquee characters.

To: jas cooper who wrote (12023)	4/19/1999 12:32:00 PM
From: Tim Luke	Respond to of 12559

fnews.yahoo.com

To: jas cooper who wrote (12023)	4/20/1999 8:17:00 AM
From: Tim Luke	Respond to of 12559

Tuesday April 20, 8:01 am Eastern Time Company Press Release SOURCE: FORE Systems, Inc. GTE Selects FORE Systems as 'Best in Class' Supplier For End-To-End Data Networking Solutions Award Recognizes FORE as 'Partner in Quality' PITTSBURGH, April 20 /PRNewswire/ -- FORE Systems, Inc. (Nasdaq: FORE - news), a leading global supplier of advanced networking solutions, announced today that it has been selected by GTE as a ''Best in Class'' supplier for end-to-end data networking solutions for 1998. The award was given at GTE's ''Suppliers of Excellence'' ceremonies, which is held annually as part of GTE's Partners in Quality program. ''Through GTE's Partners in Quality evaluation process, we ensure a top-level quality commitment and open, two-way communication between our company and our suppliers,'' said Larry Henry, vice president and general manager-GTE Supply. ''Our Suppliers of Excellence awards recognize those suppliers who consistently help us meet our competitive challenges and provide us with outstanding value.'' GTE evaluates its suppliers on their ability to deliver on time, provide competitive prices and superior value, offer high quality customer service, and provide top-quality products and services. Using these criteria, 60 ''Suppliers of Excellence'' were identified from more than a thousand suppliers worldwide who provide products and services to GTE, and from this list, 10 were selected as ''Best in Class.'' ''We strive to create a sense of teamwork and continuous improvement between GTE and its suppliers,'' added Henry. ''Strong supply-chain management relationships enable us to meet our customers expectations and thrive in today's ever-changing telecommunications environment.'' ''GTE is a very important partner for us. They have been instrumental in our achieving a significant presence in large enterprise and emerging IP service provider networks,'' added Joe Pajer, vice president of marketing for FORE's Network Systems Business Unit. ''We sincerely appreciate GTE's recognition that FORE's products, training and programs are best in class, and that FORE is one of GTE's top channel partners.'' About GTE With 1998 revenues of more than $25 billion, GTE is one of the world's largest telecommunication companies and a leading provider of integrated telecommunication services. In the United States, GTE provides local service in 28 states and wireless service in 17 states; nationwide long-distance and internetworking services ranging from dial-up Internet access for residential and small-business consumers to Web-based applications for Fortune 500 companies; as well as video service in selected markets. About FORE Systems FORE Systems is a leading global supplier of high performance networking solutions. FORE's Networks of Steel(TM) deliver the increased capacity, resiliency and scalability necessary to build networks that last. Thousands of enterprise and service provider customers worldwide have put FORE Systems solutions at the heart of their networks. For more information on FORE's Networks of Steel, call 888-404-0444 or visit the FORE Systems web site at fore.com. This press release contains forward-looking statements with respect to products, partners, customers, future growth and other matters. Please refer to the Annual Report on Form 10-K filed by FORE Systems with the Securities and Exchange Commission in June, 1998, and the Quarterly Reports on Form 10-Q filed by FORE Systems in August, 1998, November, 1998, and February, 1999, for a discussion of risks that could cause actual results to differ materially from such statements. All FORE Systems' editorial information and graphics can be found on PR Newswire's NEWSdesk, the high-tech Internet Network at: newsdesk.com. FORE Systems is a registered trademark of FORE Systems, Inc. Networks of Steel is a trademark of FORE Systems, Inc. All other brands or product names are trademarks of their respective holders.