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

To: Trevor Goodchild who wrote (12426)	5/18/1999 3:01:00 PM
From: Riskmgmt	Respond to of 12559

Trevor, Re:$35 cash is always better than $35 in another company's shares, however, we will never know what the real "market" was for FORE. I am hoping that the details will be released at some point. I think that the shareholders have the right to know what offers were on the table an why they were rejected in favor of the GE bid. If I were a director I would insist on full disclosure. regards, Ray

To: Trevor Goodchild who wrote (12426)	5/18/1999 5:02:00 PM
From: Boris Reynov	Read Replies (1) \| Respond to of 12559

<<$35 cash is always better than $35 in another company's shares>> I disagree. Those who held long term calls lost money because of cash transaction. That would not happen (probably) in case of stock swap.

To: Trevor Goodchild who wrote (12426)	5/18/1999 5:18:00 PM
From: LakesideTrader	Read Replies (1) \| Respond to of 12559

I don't agree either! :-) I don't like having to give Bill any more than required!

To: Trevor Goodchild who wrote (12426)	5/19/1999 10:28:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 12559

Trevor: Cash carries a tax burden whereas a stock swap does not. Also if the options result in a reduced price for the shareholders at large because now the pie that is being bought has been divided into more pieces than when it was originally offered for sale then harm has been done to the shareholders who expect the BOD's to act in a fiduciary manner on behalf of all shareholders. Additionaly if it passed on a better offer because insiders were accomodated in the lesser offer then this again is a breach of fiduciary responsibility. JFD