BORL: Time to BUY! Message Board

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Technology Stocks : BORL: Time to BUY!

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To: Kashish King who wrote (7665)	11/23/1997 6:28:00 AM
From: Neil Booth	Read Replies (1) of 10836

All the sudden there are 30% more shares on the market and one should expect, all else being equal, that the price of BORL stock would drop at least 30% to $8.40. Oh yawn, looks like Rod's sold his holdings again. Let's follow Rod's logic a bit further. Suppose they bought a company for $400m and issued 100% more shares to pay for it. Let's see, that means a drop of "at least" 100% in BORL's share price. duh..... We should expect BORL to be trading in the $7 to $9 range based on simple arithmetic Simple and incorrect arithmetic. They ask these percentage questions to 8 year olds. Surely a proud C++ programmer who's been around like you wouldn't make such simple mistakes? Neil.

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