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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?


To: Lewis Edinburg who wrote (3300)8/30/1999 10:42:00 PM
From: Craig K  Read Replies (1) | Respond to of 5102
 
INPR is a LINUX play...that is the other shoe...

Craig



To: Lewis Edinburg who wrote (3300)8/31/1999 1:26:00 AM
From: Kashish King  Respond to of 5102
 
I wasn't expecting a market reaction to the dropping of the suit. As for the buying at the end of the day, things are happening inside the company and word gets around. What has to happen for INPR to move off the liquidation price is that they have to develop a pulse.

We also know that Sun is looking for application development tools and that Inprise has long been rumored a target. The Forte and Star purchases only raises the prospects for an Inprise merger/acquisition. I would imagine that Sun wouldn't even blink at $10 per share ($600 million) since they paid over $400 million for that semi-vertical market tool vendor Forte. Forte's revenues and earnings pale in comparison to the Inprise numbers and they had very few customers. Inprise has millions of customers. Inprise probably wants something for the Application Server; Sun probably wants to flush it down the drain and keep the rest.