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Technology Stocks : BORL: Time to BUY!

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To: i-node who wrote (7512)11/18/1997 4:57:00 PM
From: Michael Coley  Read Replies (3) of 10836
 
RE: Visigenic Acquisition.

I think that the acquisition is a good for BORL stockholders. I'm a little disappointed that my Nov 12.5's will probably expire worthless, but that's a risk I was willing to take. I'm fairly confident that my January Bull Spread (7.5 / 10) will be fine.

I think that Borland learned a lot from the OPEN acquisition, and that they won't make the same mistakes this time. This should be a relatively fast, painless acquisition. I like the forward guidance that the EPS will be negatively affected in the first two quarters but that the second two quarters would make up for it.

I'm not sure what to expect short-term, but this is certainly looking like a real winner for those with a one- to two-year or longer perspective.

- Michael Coley
- i1.net
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