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Technology Stocks : INPR - Inprise to Borland (BORL)
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To: i-node who wrote (3786)12/21/1999 6:07:00 PM
From: i-node  Read Replies (1) of 5102
 
More on Interbase (quoting from IB newgroups)

"A brief recap:

Last Friday several top managers of resigned from InterBase because they finally
accepted that they did not have the full (any?) support from Dale Fuller the
current managing director of Inprise. This is fact, not rumour. It should be
read as a major vote of no confidence in the man who currently runs Inprise and
a warning signal to us all.

Subsequently, an unofficial announcement has been made that Inprise are entirely
discontinuing the InterBase product line, although they will honour existing
support agreements. A formal announcement is due, possibly on Thursday.

Where we are now:

This issue has hit the InterBase community particulary hard. However, several
points should be born in mind.

o InterBase contributes about 7.5% of the company turnover.
For some divisions of Inprise around the world the contribution
is significantly higher.

o InterBase is not one of the noddy development languages that
Borland has dropped in the past. It is fifteen years old and
is used by companies big and small, worldwide.

o Aside from the immediate impact on Inprise sales there will be
a major loss of credibility in Inprise. If they can kill InterBase,
what else will they kill?

o This issue is going to mark down the Inprise share price when
it is made public. It is not a good business decision."

Paul Reeves
Fleet River Software
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