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

To: WeiYuan who wrote (3848)	12/25/1999 7:32:00 PM
From: Ghassan I. Ghandour	Read Replies (2) \| Respond to of 5102

Didn't INPR trade its largest number of shares, in one day, when it broke through 10 in its northwest bound trip? Wasn't that volume over 6 millions shares. If so, then 10 is almost certainly the support. Of course, we will see on Monday. The move of INPR to 20 and the subsequent correction to near 10 reminds me of NOVL as it printed 31 then later dropped to 16 which is about 50%. Now it is at 34. INPR has dropped from 20 about the same percentage. Here and there, many traders just don't believe that the company has really changed. With NOVL today, I am sure many are regretting their disbelieve. The same will happen with INPR. When INPR was trading in this range, some three or four years ago, the fundamentals were not any better than they are now. Quite the contrary is true IMO. Some fixing of the earnings was taking place, then, but investors were not fooled witness the fall after they released what looked like an impressive earnings of 10 cents a share. Go Fuller's INPR. Ghassan.