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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: fikry akkad who wrote (3853)12/26/1999 1:52:00 PM
From: Ghassan I. Ghandour  Read Replies (1) of 5102
 
Fekri,

What does Schwab say about CORL in terms of support. Consider that and just watch CORL for a sign on INPR's direction. Conventional support and resistance do not work (IMO) for a stock in a hot business (Linux etc...) like INPR and CORL are in. Also, throughout the last two weeks action, except for the very last day, INPR was acting like a tracking stock for CORL. Watch CORL and you know what was going to happen to INPR, price-wise.

All this will change, of course, if Borland were to pre-announce a favorable earnings. The fact that the company has given a $100K to a charitable organization, during the past holidays may suggest that the company has been doing well, financially, during the current quarter.

Go INPR ...

Ghassan.
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