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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Mark Bracey who wrote (318)6/25/1998 8:45:00 AM
From: Ghassan I. Ghandour  Read Replies (1) of 5102
 
The sentiment on this thread has, for sure, deteriorated considerably. Contrast this with what it was when the stock was in a rally, above 10, only few weeks ago. People tend to over-react in euphorea as well as in desperation. I was somewhat skeptical when the stock was at 12 but I am bullish now that the stock is testing a support point around 7. However, this is the end of a quarter and we all should know about the so called "window dressing". So many times before had BORL offered buying opportunities under such circumstances. In fact that is why I bought recently at these levels of price. If 7 is broken by a close below then I will buy again at 6 5/8 where I had before bought which shares I sold above 11. Let us just remember what the volume was when the stock was rallying and compare it to the volume now that the stock is struggeling. The on balance volume does not show much institutional selling that is why I think the stock will be up significantly as we proceed through July. Good investing to all. Ghassan.
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