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

To: John Solder who wrote (4314)	2/7/2000 12:33:00 PM
From: Tom C	Respond to of 5102

John, According to the webcast it is a merger of equals and the percentage is fixed. There is no collar on the price.

To: John Solder who wrote (4314)	2/7/2000 12:43:00 PM
From: Peter H. Mack	Read Replies (2) \| Respond to of 5102

they are using 71.7 mil shares (diluted) which includes employee options etc. Outstanding was 58 mil. so the value going to Inprise is $1.07 bil (71.7 mil * 14.94). Since they are stressing "merger of equals" they seem to think that Inprise shareholders may have a better opportunity looking forward than before. Also said that although Win products are the main cash cow, 50 % of engineering is on Linux.. (Thats interesting to me) Pretty evident where their business focus is.