INPR - Inprise to Borland (BORL) Message Board

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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: squeakywallet who wrote (2524)	4/2/1999 8:51:00 AM
From: Michael Coley	Read Replies (1) of 5102

RE: Trading near book value? >> According to my calculations Inprise's cash + property is worth around $84M + $60M = $144M. It appears as though Inprise is trading $13M above book. << You can't just look at assets to determine book value. You need to look at liabilities as well. The book value is around $2.60 per share, which puts it around $125 million. Still, though, that's only about $33 million over book value. Quite a deal, although it could go lower in the short term. - Michael Coley - bible-reading.com

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