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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Picanoc who wrote (4773)3/24/2000 2:54:00 AM
From: Dennis Nicks  Read Replies (1) of 5102
 
Ian, I agree, the merger is in serious trouble. I think the only shareholders that would vote for this are the ones that bought for the arbitrage play. I imagine most of them have seen the writing on the wall and have already unwound their positions.

As for my suggestion of letting Corel file a lawsuit to get Inprise to pay up the $30 million. I was only half serious. It just seemed like a little justice for the terrible performance of their stock, which we are tied to. If the shareholders vote it down, nobody pays a break-up fee. I just don't want this thing to linger until May, when we supposedly get to vote.

Dennis
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