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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: squeakywallet who wrote (2342)3/16/1999 2:56:00 PM
From: Ghassan I. Ghandour  Read Replies (2) of 5102
 
If Mr. T. is about to throw in the towel, maybe it is time for me to back up the track! I am watching carefully here. If it breaks 4 1/4 down, it would be real bad. If it rebounds from here then we maybe looking at a double bottom. Fundamentally, the company has better prospects now then it had two years ago when the stock traded under 5.

I would have bought more today as I retrieved some cash the other day when NOVL run up over 25 after the Barron's article (still holding core, though) and dumped ORCL (bought in the low 20, sold at 30 after the split, missed 40), yes, I would have bought more INPR if the market was not in such an euphoria about reaching 10K (maybe I will sell puts, at 5). In a down market, I would have certainly bought more. Yet, I am eyeing this support at 4 1/4.

Go INPR...

Ghassan.
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