INPR - Inprise to Borland (BORL) Message Board

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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Kashish King who wrote (2380)	3/18/1999 10:26:00 PM
From: Cube	Read Replies (1) of 5102

Covered my short today at 3 3/4. Not because I think INPR is now a good investment, but because I am trying to learn to control greed. The fundamentals are still horrible, and today's chart pattern was a disaster. INPR has been over 50% owned by institutions. Most institutions have a market capitalization limit of 200 million or more. INPR is now well below that limit, thus forcing most institutions to rid themselves of the stock from their mutual funds in order to keep within the confines of their respective prospectus. There will probably be a dead cat bounce here eventually, and any long shares should probably be sold on any strength. An uptrend from here is going to be a long and painstaking process, with a new CEO. Best of luck to all. Cube

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