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Technology Stocks : BORL: Time to BUY!

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To: i-node who wrote (7679)11/24/1997 11:12:00 AM
From: Paul Corbett   of 10836
 
There has been some speculation that BORL could have used cash rather than share issue to finance the acquisition on this thread.

I feel that the share issue is preferable (even though my ownership of BORL is diluted).

The use of cash would lead to a cashless company wheras BORL really needs cash to fund R&D and maybe an unprofitable quarter.

In addition although I own less of BORL I will be a part-owner of what now is VSGN whithout spending any money. I will simply be a smaller owner of a bigger company not a smaller owner of the same company...the word "dilution" does not tell the whole truth..
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