i have error in the line.. I am using visual studio 2013 and creating a simple web form application..Can anyone please let me know why this error is

ForeColor="#993366"="Label1" runat="server" Text="Label"></asp:Label>"

 i am getting below error "Description: An error occurred during the parsing of a resource required to service this request. Please review the following specific parse error details and modify your source file appropriately.

 Parser Error Message: The server tag is not well formed.Parser Error Message: The server tag is not well formed.