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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Dennis Nicks who wrote (3451)11/21/1999 9:24:00 PM
From: Bipin Prasad  Read Replies (1) of 5102
 
(ps: This message was from Dennis Nicks to Gary J. Goets.
Dennis, This might help most of us to read yours. )

I agree with David on the "backdoor" Linux strategy. I think
that the market is just waking up to realize why Inprise is
such a good Linux play. Why do you think that Corel partnered
with Inprise on Linux? Corel has been around long enough to
realize that a tools company is a good ally. Inprise is a
direct play in the Linux market.

As for MSFT owning a portion of INPR, yes they do. You can
read it for yourself in the SEC filing:

freeedgar.com
.tst&PathFlag=0&TextFileSize=121080&SFType=&SDFiled=&DateFiled=
7/6/99&SourcePage=FilingsResults&UseFrame=1&OEMSource=&FormType=8-K&CompanyName=INPRISE+CORP

or take my word that MSFT bought 10% of INPR in the form of
Class C preferred shares. These are NON-VOTING shares, so its
not going to get in the way of a buy-out. MSFT's investment
in INPR does not limit what the company can do or what
platforms they can support.

As for a BEAS look-alike, I'm not sure. Other than Visibroker
ORB, it seems to me that Inprise has had a difficult time
entering that market. The company has been living off of the
profits from their tools business. The company has been spending
$40,000,000 a year in R&D. I imagine much of that is invested
in developing the yet unprofitable enterprise tools and components.
When (and if) their enterprise business takes off, we'll be really
riding high...

Hope that helps..
Dennis
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