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Technology Stocks : INPR - Inprise to Borland (BORL)
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To: TTOSBT who wrote (1057)8/28/1998 5:02:00 AM
From: ED_L  Read Replies (3) of 5102
 
The level of US Companies activities will not and cannot continue with the worlds markets in upheaval. We cannot just sell to ourselves and make profits. With the dollar at 142 yen/dollar, we are not going to be able to compete abroad. Layoffs have already started and will only get worse. INPRISE is at 5.5 with companies still having some free cash from last years profits. With a sizeable future downturn a high probability, profits will dry up as will discretionary spending. This will not be good news for INPRISE. And of course most overseas companies (and many in the US) are still working on the Y2000 problem and will therefore not be spending money on software for new applications. If INPRISE survives at all, it will probably be 2003 before they start to turn around.
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