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


To: Mohammed Bhimji who wrote (4583)2/16/2000 11:45:00 PM
From: Bradley W. Price  Read Replies (2) | Respond to of 5102
 
Good post from yahoo:

FWIW
by: hxjj31a 2/16/00 11:24 am
Msg: 45353 of 45696
I think Dale Fuller became interim CEO to turn Inprise around and sell it. The longer he stayed, the more he liked what he saw. He said himself he 'fell in love' with what he was doing and the future of Linux. Instead of selling Inprise for a premium and riding off in the sunset, he saw a great opportunity in the future of Linux. For Inprise to fully captialize on Linux it needed to be a complete Linux company. INPR+CORL= complete Linux company. On paper Corel bought Inprise, but actually Inprise took over Corel. How else could Dale become COB. IF Inprise shareholders received a big premium, it would set Corel back. Dale figured Inprise shareholders would fare better being part of Corel with him at the helm. INPR could go up alone and go up better with CORL. He thought the merger would be welcomed by INPR shareholders. He even said in the webcast 'a little news later'. I think that's what he was refering to. He wouldn't have said that if he didn't think we would like it. He saw something in the future of Linux to make him stay around and be a part of it. He has confidence in himself, Corel and the future. The street doesn't see it that way with two companys with virtually no earnings and stagnant growth and going to compete with MSFT in OSs. It's going to take time for the growth in this industry to accelerate. I have confidence in Dale Fuller and I don't think he will let us down, eventually.