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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Ghassan I. Ghandour who wrote (3849)12/25/1999 9:00:00 PM
From: i-node   of 5102
 
Didn't INPR trade its largest number of shares, in one day, when it broke through 10 in its northwest bound trip? Wasn't that volume over 6 millions shares. If so, then 10 is almost certainly the support. Of course, we will see on Monday.

I, too, think 10 is where the current support level is. But I think we could see it hang in a range of 8-12 for a while -- as Linux builds somewhat. I'd love to see it hit 7 or 8, as that would present a huge buying opportunity. I'm not sure it will fall that far, though.

I'm really thinking about getting back in by buying calls -- Jan'01 10s, maybe. Even better, Jan'02 10s, if they were available; but I'd rather not buy them at the money.
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