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Technology Stocks : INPR - Inprise to Borland (BORL)
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To: David E. Fitzpatrick who wrote (4137)1/27/2000 6:49:00 PM
From: i-node  Read Replies (4) of 5102
 
Getting hit hard afterhours. Schwab shows the last afterhours trade at 14 at 17:01

I think the after hours trading is pretty meaningless, as there seems to be little volume. A lot of people who had bought INPR over the last quarter out of "irrational exhuberance" are now understanding that this stock is not going from 2-200 in months. These people will bail now, which suits me fine.

Frankly, I think for anyone who was paying attention, the financials were about what you'd expect. But the webcast was pretty upbeat and positive and seemed to have lots to offer for the next couple of quarters -- with BCB 5 just out, a brief mention of Delphi 6 later in the year, as well as Kylix in the 2nd half of the year.

I'm expecting the stock to tank in the morning but end up at 14 or 15. The institutional buying interest seems to be consistently strong, and I think that's what matters.
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