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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Kashish King who wrote (2317)3/14/1999 1:37:00 AM
From: TTOSBT  Read Replies (1) of 5102
 
Re: infoworld.com.


I think Mark D. Bullen's comment rings with oh so much truth!
"Who do you blame for the poor performance of a company with superior products that continues to trade at a discount to the industry average just barely above it's own book value?"

Only I prefer to give Del credit stead of blame for giving us a discount price. If this thread is to use Apple as an example of Del's woeful misjudgments we should not only look at Apple's past performance but look at it's current price plus $1 above $33 on Friday's close a day when most other techs are being punished.

Should we wait til Del leaves before buying INPR or should we realize his blunders have created an undervaluation that Wall st is missing? Why we even have Del to thank for bringing us to near or below book value! How many investments in or out of the stock market can you say exist with these valuations today?

In my past investment endeavors I remember not too long ago when I could have purchased such under valuations as:

Citigroup (old CitiCorp) for $8 ($4 pre split)
Ibm for $32
NAV for $1.50
UIS for $6
NOVL for $8
AMES for $2

At the time I was looking but not buying. Why? because at the time I was listening to the experts who were dogging these stocks to the point of giving a feeling of them going out of business etc. Well I can only wish I had made only one of those purchases at those prices and threw the stock in my draw or safety deposit box. I could of retired if just making that one move!!!

I am not going to say someday WOW! I could of bought INPR for under $5
I may say "I lost all of $5 in INPR" but that's a risk I am willing to take at this juncture!

$5 is a great starting point doubling up on further pull backs.

TTOSBT

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