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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: atvcb who wrote (4793)3/26/2000 6:51:00 PM
From: i-node  Read Replies (2) of 5102
 
(1) Fuller and the BOD calls off the deal, with or without penalty?

I consider the likelihood of this event to be increasing daily. If the ratio is modified, things could change, but this seems very unlikely given Cowpland's statement last week; he may as well hold firm, collect the bailout fee, and be happy with the result.

Fuller & the Board are facing extreme difficulty. If they go through with this deal, bringing the shareholders half or less than the value immediately before the announcement, they are going to have a lot of explaining to do.

I see this issue differently from you: Fuller & the Board are a hell of a lot more likely to call the deal off than Cowpland is to negotiate on the ratio. There will not be another buyer, I don't think.
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