SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INPR - Inprise to Borland (BORL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ghassan I. Ghandour who wrote (2548)4/4/1999 2:01:00 PM
From: George Lazar  Read Replies (3) of 5102
 
Here is what you are missing. The mandatory redeemable convertible preferred stock was valued at $37M on Dec 31, 1998 -(it was $27M on Dec. 31, 1997.) If INPR decides to cash and have a $10M loss in the quarter, their cash position 85-37-10= $38M about 60 cents/share - if this is the case, INPR is practically bankrupt. This might explains their CFO's exit...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News