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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Paul Corbett who wrote (3144)6/25/1999 9:46:00 PM
From: Ghassan I. Ghandour  Read Replies (2) of 5102
 
Tremendous resistance here, from 5 3/4 to 6 1/8, then we slide up to 6 and 5/8 (provided we beet present resistance). The next resistance will be about one point higher. We are going to need earnings improvement though for a real sustainable rise. The present action may still be factoring in buyout rumors although the new hiring seems to put that further away as a possibility. Otherwise, how high can we go with just the financial infusion from MS?

Ghassan.
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