BORL: Time to BUY! Message Board

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Technology Stocks : BORL: Time to BUY!

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To: R.S. Blum who wrote (10445)	5/4/1998 11:11:00 PM
From: Kashish King	Read Replies (1) of 10836

They reported a loss of almost 12 million this past quarter along with a sequential revenue decline and after wasting over a hundred million on technology they could have licensed. They have quietly warned about a "longer sales cycle" to go with the current round of Asian Economic Flu. To further complicate matters, we now here the company is stuffing the channel with product and that they changed their name to recall, repackage and reship the same inventory. I'm convinced they're moving in the right direction but if this latest Spencer the Katt rumor is true I see nothing but red ink ahead. I'm curious whether they also gave the store away to Oracle in exchange for increased exposure and, ah, name recognition. Their new transaction server is promised for the fall, that means it won't be ready because software is never ready on time. Then you have to wait for the sales cycle to kick in and finally bear fruit. So what is wrong with my doom and gloom scenario? I'm all ears folks...

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