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


To: Lewis Edinburg who wrote (4400)2/8/2000 5:46:00 PM
From: Lewis Edinburg  Read Replies (1) | Respond to of 5102
 
Because of the terms of this (lousy) deal, does that mean that, until this plays out, INPR's stock price will be limited by Corel's? I assume that in two months INPR could announce that they made $25M profit in this next quarter and the stock price would still be limited by what Corel's is at.

The way I see it, INPR can not climb higher than maybe 5-10% lower than .747 of Corel's price.

In fact, why not have INPR give a "dividend" of $20/share to all its current shareholders? Then, either the sale would go through and we'd get 3/4 of whatever Corel is trading at at that point or the deal would fall through, in which case I think most current INPR shareholders would be happier.

Can anyone tell me whether my logic is correct or not?