To: michael m who wrote (10485) | 2/25/1999 12:27:00 AM | From: jach | | |
FORE seems to have bad luck such as today when the mkt tanked when FORE had good news. It had strong volume into the 18$ range and some profit taking drove it down. IMO, there is a very good upside potential if the mkt remains good. |
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To: JZGalt who wrote (10490) | 2/25/1999 12:43:00 AM | From: jach | | |
FORE Systems' President and CEO, Thomas J. Gill, Delivers Keynote at the 'IT for WallStreet '99' Conference
GartnerGroup/Ziff-Davis Event Brings Together Leading Securities, Banking and Insurance Companies
PITTSBURGH, Feb. 24 /PRNewswire/ -- FORE Systems, Inc. (Nasdaq: FORE - news), a leading global supplier of Application Aware(TM) networking solutions, today announced that its President and Chief Executive Officer, Thomas J. Gill, will deliver Thursday's keynote address at this week's ''IT for WallStreet '99'' conference and exhibition in New York City. Mr. Gill's presentation, entitled ''Building Application Aware Networks for Competitive Advantage,'' will highlight the importance of an intelligent network foundation.
''The competitive landscape in today's financial services industry is extraordinary -- and that competition is fueled by the need for information,'' said Gill. ''Those organizations with fast, reliable access to the right information at the right time stand to profit significantly. FORE Systems has invested heavily in developing network solutions that can do just that, providing a critical competitive advantage to our customers.''
FORE Systems' Application Aware networking solutions allow the network to recognize the kind of traffic flowing across it, empowering the network manager to prioritize business-critical traffic flows over other non-critical traffic. For example, a financial services company with an Application Aware network infrastructure from FORE would be able to prioritize time-sensitive market data traffic and applications over email or Internet traffic. That way, as the network becomes congested, the market data applications would still receive the highest levels of performance and availability.
Mr. Gill's presentation will be delivered on Thursday, February 25th at 8:30 a.m. at the Jacob K. Javits Convention Center in New York City.
In addition to Mr. Gill's presentation, FORE Systems will highlight a series of leading edge network applications with the help of several partners in booth #567. In cooperation with PictureTel, FORE Systems will demonstrate a network-based video teleconferencing system. Additionally, FORE will showcase an integrated voice solution that is tailored to the financial services market with its partner V Band Corporation.
FORE Systems is also demonstrating an automated network management solution from Pivot Technologies and a middleware solution from IONA Technologies for the integration of applications across language, platform and network boundaries.
About IT for WallStreet '99
The IT for WallStreet experience brings together key industry and technology experts to help clarify the increasingly complex IT-enabled financial services industry. IT for WallStreet '99 will offer a comprehensive conference, produced by GartnerGroup and Ziff-Davis, entitled ''IT Strategies for the Financial Services Industry.'' ZD Events will supplement the conference with two PowerPanels, three tutorials and four high-level keynotes. In addition to the educational conference, the event will feature over 2100 solution-providers in a three-day exhibition. To help attendees glimpse the future of trading, a Live Trading Floor Demonstration Area will showcase over 25 different technologies in an actual trading floor setting, complete with live market data feeds.
About FORE Systems
FORE Systems is a leading global supplier of high performance networking solutions. FORE's Networks of Steel(TM) deliver the capacity, resiliency and unparalleled scalability necessary to build networks that last. That's why thousands of enterprise and service provider customers worldwide have put FORE Systems' solutions at the heart of their networks.
======================= The following segment is in fact a KEY piece of FORE strength and that can potentially become a large revenue generator. Nobody has perfected this end-to-end applications' aware networking and FORE is at the fore front of it. Would not be surprised at all if FORE is bough by some large applications oriented companies like MSFT, ORCL, SUNW or Intel. The notion of the network is the computer becomes a true reality when an application running on a Win98 PC can get deterministic QoS across the country link to the server running on Win NT. ------------------------ FORE Systems' Application Aware networking solutions allow the network to recognize the kind of traffic flowing across it, empowering the network manager to prioritize business-critical traffic flows over other non-critical traffic. For example, a financial services company with an Application Aware network infrastructure from FORE would be able to prioritize time-sensitive market data traffic and applications over email or Internet traffic. That way, as the network becomes congested, the market data applications would still receive the highest levels of performance and availability.
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To: jas cooper who wrote (10495) | 2/25/1999 9:47:00 AM | From: Rich | | |
I agree....being positive is one thing but having the blinders on is another.
FORE has a great product but mgmt has failed to capitalize. Being in sales in "technology", I find Gills comments hysterical about we are now going to call on CIO's and CEOs.....perhaps the VP of Sales should be roasted over a hot fire....they should have been doing this for years now!
Do you think Cisco reps and the rest of the pack are selling high end multi million dollar equipment to the engineering staff!
FORE's atm gear right now outperforms the rest of the pack but look at this scenario- I just bought an entire "Cisco Powered Network" or I just bought some Fore ATM switches. Which would you get fired for<g>?
PPPLeeazzzzz. |
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To: Rich who wrote (10496) | 2/25/1999 10:36:00 AM | From: OrionX | | |
Rich et al,
I don't know if this is off a tangent but I'd like to say a few words about this roller coaster stock. How fast people tend to forget that many great companies with the greatest products on the planet have long since gone. Those that still are here today are those that market and sell their products irrespective of whether they are the best or fastest. I've learned my lesson once too many times following companies with the leading edge products as claim to fame. At one point in time, if the sales don't keeping growing, some hard questions have to be asked. Like they say, if you can't beat them, join them. If Fore has some problems growing faster than they are currently and with growing earnings, then the time has come for Fore them to sell the company. Most people, in my opinion, don't understand quality, performance and feature advantages which is why they buy whatever they can get to do the job for the least dollar. Just look at history and around you today, and you can name several products and companies that have since vanished or moved into the shadows.
BTW, the comment of the CEO saying they're going to meet with CIOs and CEOs definitely made me think and reassess this company's management which in the past I took on faith. Those comments were certainly not what I expected the CEO of an aggressive and growth focused company to be saying at this point in time. IMHO, this is what is normally said early on in the growth of a company. I assumed (argh!) they were doing this all along. What have they been doing so far???
Still long for now. |
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