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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Cube who wrote (791)8/2/1998 4:02:00 AM
From: TTOSBT  Read Replies (1) of 5102
 
Re: "QDEK price was at 8 dollars per share when their similar financing deal happened. Sound familiar?? QDEK is now at 1/2!!"

Thanks for your comments and concerns of which I cannot argue with. Do you have any idea of what QDEK's cash at that time was?

Also Larry Whactel (respected daily market timer) made some comment about this market is starting to resemble June 1996 and 1987 and he says a 10% correction is likely from the highs so you may be falling in line on Monday. One thing I will say if INPR falls to 1/2 it will not just be due to stock dilution the earnings will have to confirm something like that! Which brings to mind do you have any information on what QDEK's resulting earnings was following that dilution? IMO shorts would not want to sell into a positive earnings projection, hence the low or below average of INPR volume.

I borrowed this from the INTEL thread:

hread, *MARKET CORRECTION*

Prudential's Larry Wachtel thinks the current correction bears all the earmarks of the
severe pullbacks occurring in July 1996 and October 1997.

If true, he thinks a 10% correction from the recent top (DOW as a yardstock, but NAZ
gorillas following suit) would be what we might expect.



TTOSBT
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