INPR - Inprise to Borland (BORL) Message Board

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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Ghassan I. Ghandour who wrote (2225)	2/27/1999 2:31:00 PM
From: Charles Hughes	Read Replies (1) of 5102

Hi Ghassan. Yes, the stock bounced off the day-ending historical low of 4 3/4 during the day a couple days ago, and is drifting north on its own power, seemingly. Since it can't be shorted below 5 it will probably stay close to the there until we are closer to quarterly earnings or some other real news. I don't think there is any selling pressure except that coming from the shorts above 5. (The smart shorts ought to be quietly getting out of their positions now.) The last week the stock held up pretty well considering NASDAQ was really tanking. At some point the fact the company is profitable is going to work its way into increased revenues as well. I keep this one in my pension account for the long term and don't sweat it. Either eventually they will grow their way out or be bought out. They will look especially good after the MSFT changes that will be coming from the court. I got a little more below 5 the other day. Chaz

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