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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: squeakywallet who wrote (3188)7/13/1999 1:26:00 AM
From: Dennis Nicks  Read Replies (1) of 5102
 
Mark, I would also like to see some shareholder value. But I think you are jumping the gun here. Fuller has had very little influence on this quarter. The bad press and mismanagement of the Board of Directors regarding the management shuffle is mostly to blame for the bad quarter.

Whether INPR should be sold off or not, that is another question. But we have some new input into this company that could very well lead to some sort of shareholder value. Do you remember what Fuller's salary was? Zero, ziltch, nada, nil. He's getting options for his work. You can believe he has shareholder value on his mind. If he can't improve it, he doesn't get paid. What about the new board member, Coats? He has a significant stake in the company. He's certainly concerned about shareholder value. Four months ago, I would agree with you. But things are different today. It may not seem that way from the quarterly earnings. The recent earnings have very little to do with Coats and Fuller. I just want to know what they have up their sleeves..

Dennis
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