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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Lewis Edinburg who wrote (3302)8/31/1999 1:41:00 AM
From: Kashish King  Read Replies (2) of 5102
 
Again, the stock might as well have been savings bonds. There was no premium over the liquid value of the company being reflected in this stock. All they had to do was blink and it was going to go up and if you'll notice the volume was very healthy. It's not always the news but the unadvertised events leading up to the news that makes stocks rise. As a matter of fact, it's probably more common for stocks to rise ahead of events than after. Hey, the CEO is working for a buck per year and Coates has a 5% share of the company riding on this. I have to imagine they aren't sitting around playing cards. The suit, IMO, was launched because Coates wanted to discuss various aspects of buyout offers with key employees and management wanted to keep all buyout/merger discussions under wrap in the CEO's office.
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