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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: ED_L who wrote (3310)9/10/1999 12:51:00 AM
From: Kashish King   of 5102
 
I wouldn't pretend to know what impact a reverse split would have but it sounds like a good idea. This latest article from Fuller gives me confidence that they really have hit granite at $4.00, given the cash versus the burn rate, and with land prices going back up again -- the palatial campus is bought and paid for. It would seem that a lumping together of shares would not have an negative impact because of the underlying price support. They won't drop below the actual, real world asset value of the company. Giving us one for two would put them at $8 which means high-wire margin traders would be attracted to the stock.

devx.com

BTW, I noticed this board is dead. Total capitulation and I'll bet today's volume was driven by small investors getting out to chase something else. Institutions naturally picked up the slack knowing full well this mut is trading at cash + fixed assets or very close to it. One good announcement should get it running again and we'll see the keystone investors running back across the street to chase this one. I was out of the stock for a long time but the fresh blood and the fresh cash made $4.00 look like a steal.
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