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Technology Stocks : BORL: Time to BUY!
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To: Gerry Goggin who wrote (809)10/29/1996 10:19:00 AM
From: seth thomas   of 10836
 
In the US-based "Journal of Criminality", I recently read that there is a direct correlation between spelling and crominal records, although a causal link has not yet been established.

I have a question for you Gerry: If you are English, how can you even tell that we have a sense of humor?

Seriously, I did a brief analysis on the valuation of BORL on the other BORL thread (Time to Sell). I think the company's book value is on the order of $2. They have cash, but they also have liabilities. BORL is carrying their physical plant (office complex)at a very high value - like on the order of $100MM USD I live within an hour of it, have been in it on business, and am aware of real estate issues. It's a very nice complex, but I don't think they could sell it for that much because of it's relatively poor location (it's a bit isolated, and access is very poor from Silicon Valley).
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