<<<The way I see it they lost $.08 after one time gains...and why the restructuring and layoffs if they are turning the corner?
Kidding, right? The most profitable companies in the country restructure and lay off constantly. It's what we do now. Also, it has become fairly cheap to do it. Hiring temps and moving old employees out has been going on for so long that these days there is little cost to the downsizing. Ya, just fire 'em and make 'em into contractors at the place down the road. And hire their ex employees as contractors...
P.S. Has anybody analysed what part of this is due to foreign currency moves?
P.P.S. This is another profitable quarter, riding profits are looking good on the chart, the PE is lowering, and the announcement beats the whisper number by 50%. Compared to one $300 internet stock that announced 3 cents profits today, for a PE of 10,000, Inprise is doing great. If it even manages to half sell the Borland.com idea who knows where this thing could go. Internet stocks have gone to 300 with less resources, chances, and profits than they have. Hopefully they will learn to do what they have not done lately, present themselves to the market as a latest technology company.
I look forward to their announcements over the next week or two.
I also look forward to results from all that staffing up of the sales forces they have been spending money on lately.
P.P.P.S. Breaking out the Borland brand is a great idea. They abandoned a great deal of brand recognition in the name change. Also, the Borland roots could make Inprise seem shaky in some enterprise quarters. Two different businesses, two different operations, two different brand names.
Does this mean some kind of stock multiplication for shareholders? |
