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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Cube who wrote (648)7/24/1998 12:17:00 PM
From: Lewis Edinburg  Read Replies (1) of 5102
 
Yocam has just announced a stock repurchase plan, and that may definitely help. But it may take some time for investors to believe that Del is really serious about the stock and the shareholder

Buying back a mere 1 million shares (especially while the stock price is so low) can only be considered a symbolic gesture. The one million shares don't come close to the dilution our (people who bought on the open market over past couple years) shares have experienced.

I would be encouraged to even have Inprise announce a plan to buy back shares in the future (even if it were mentioned as a commitment to do in the future once revenues get to a certain point) as you described MS does to offset the effects of all the options being given out to employees.
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