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Technology Stocks : INPR - Inprise to Borland (BORL)
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To: R.S. Blum who wrote (1253)9/22/1998 5:12:00 PM
From: Dennis Nicks  Read Replies (1) of 5102
 
We should be able to surmise a rough guess of what the Starfish deal is worth based on the next INPR quarterly report. Figuring any "one-time gains" on the income statement, adding in any reduction of other non-current assets and attributing it to roughly 10% of the Starfish deal.

I agree that with Starfish's sales figures, it would be hard to justify "several hundred million", so we'll see what we can figure out when the Q3 results come through (assuming the deal is completed by then).

As for Del being excited about the P.K. connection finally being severed, I wasn't aware of any tension. I'm still under the impression that Del was excited about what the return on the 10% ownership was. If my impression is right, INPR's share of the deal HAS to be worth more than $750k. I can't imagine Del getting excited over a couple of months worth of salary (TIC).

Cheers,
Dennis
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