INPR - Inprise to Borland (BORL) Message Board

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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: darbyred who wrote (4705)	3/9/2000 1:56:00 AM
From: Dennis Nicks	Read Replies (2) of 5102

The settlement from MSFT is no rumor. Inprise/Borland received a $100 million to settle patent disputes and MSFT turned around and bought a 10% stake in the company for $25 million. Currently, INPR has about $250 million in cash and equivalents, minus whatever the TurboLinux investment was. As for a white knight, don't hold your breath. Inprise was trading for $3 and change in October, had a pile of cash and assets and there were no takers. Now that we're worth 0.747 of Corel, who's going to want to touch that? With the information I know now, I'm voting no on this deal. I don't see what is accomplished with this merger that couldn't be accomplished with a partnership. The idea of merging with a shrink-wrap software vendor who's grand new product is free, just doesn't float my boat. Dennis

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