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Technology Stocks : INPR - Inprise to Borland (BORL)
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To: Neil Booth who wrote (1073)8/31/1998 10:19:00 PM
From: R. Martenson  Read Replies (1) of 5102
 
Since 1990, Inprise has not gone below $4.00+ And
certainly the company is as sound and promising as
any time in the last 10 years. I chose $4.50 as a
historical base of emotional panic, when analysts
of stocks were not suffering from hypoxia. Below $5.00
"respectible" stocks gain an air of "gee what a bargain"
or they become damaged goods.

I think the market will see it as a bargain and the investment
community or a professional entity will jump in with both feet.

I certainly don't have a crystal ball, but if true market panic,
from the small investor, to the mutual fund manager sets in, then
all bets are losers and the bottom will be as irrational as the
tops of the last few years of tech stocks. I think the key to
market panic in the next few days will be events in Russia and North Korea.

Inprise, like a thousand other stocks, is just along for the ride at this point.

I suspect alot of investment professionals will start
telling us what a bargin stocks are at, and soon! After all they have
to unload their inventory to someone...especially when the Mutual
Fund managers start dumping stocks for cash.
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