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Technology Stocks : BORL: Time to BUY!

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To: Key West who wrote (8565)1/16/1998 9:52:00 AM
From: Lewis Edinburg  Read Replies (2) of 10836
 
can anyone out there tell me what it is that the market is apparently telling us about Borland?

I have a theory I'd like to toss out. I know that it will get pounced upon.

I think it is possible that the erosion in Borland's stock price may be due, at least in part, to people who are positive about the company and are trying to pick up additional stock at bargain prices. The intraday chart seems to indicate that to me. It seems just like when I was picking up some more stock and trying to get it a the lowest price but still be sure I got some. I watched the dips and put in limit orders to buy stock.

If a lot of people were doing the same and when the price dipped there were a bunch of buy orders then maybe what's happening is the people who are not that positive about the future of the stock price are getting out and those who "believe" are adding to their portfolios.

What does evryone think? Is this a rational explanation for the erosion we are seeing?

Note that I call it an erosion rather than a "slide". I didn't want to encourage anyone to get on a soapbox about any "infamous Borland Backslides".
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