Hello Bill,
As for having little hope of competing alone, I'm not so sure about that. A close look at the balance sheet and revenue mix might give you a different conclusion. I'm a little concerned about the CORL balance sheet myself. Excluding tax gaines/savings, CORL had a significant loss. While INPR has had operational losses for the past year, it has a fantastic cash position which was almost $200 million. As for the operational losses, if you factor in the R&D expenses in INPR (roughly $40 million or 23% of FY99 revenues), the margins are there for profitability and the growth was coming in Linux, Java and Enterprise computing.
As for CORL and INPR as a merged company. I guess I just need more faith in management. I have really come to like Fuller as a CEO. I think he has vision. INPR has also shown some spunk, with their go .com yourself (they have pictures of their Borland bumpersticker on the MSFT sign in Redmond, see www.borland.com for the "stick it" pictures). As for Cowpland, I don't know many people who like him. I especially like how at the recent conference in BC, he booted up his presentation in MS Windows 98. Not exactly what I'd expect from the CEO of a company with their own Linux distribution.
Dennis |
