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Technology Stocks : BORL: Time to BUY!

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To: Kashish King who wrote (6500)10/17/1997 1:35:00 AM
From: David Miller   of 10836
 
>>it certainly looks as though .08 to .10 is going to be required to hold these levels in the short term<<

From the state of Borland's balance sheet at the end of last quarter, I am still convinced that there is no cause for alarm on the earnings front - even though I think they will be pitched for comfort rather than speed this time around, in preparation for a final quarter blitz.

More interesting from a longterm perspective will be whether they can pull themselves out of the $40 - $42m range this and next quarter. I haven't been able to find much that persuades me that they can do this. Nevertheless, a profitable $170m company is vastly preferable to a $250m company that bleeds money.

>>a profitable Borland is going to look like a mighty tempting buyout prospect<<

To whom?

david
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