Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: zax who wrote (4720)	3/18/2000 10:12:00 AM
From: i-node	Read Replies (1) \| Respond to of 5102

Well, call me sucker, but I think this merger is great for both companies. Sucker! <g> Interesting article though.

To: zax who wrote (4720)	3/20/2000 5:07:00 PM
From: Dennis Nicks	Read Replies (2) \| Respond to of 5102

Zaxbowow, aka Sucker.. Here's Corel's numbers for Q1: corel.com Operational loss of $18.652 million, or $0.28 per share. If you add in the one time gain from the sale of stock in GOJO, then you get the headline numbers of ($12.401 million loss, or $0.19 per share). Even with the nice ($0.19) number, its still 3 cents wide from the estimates. So tell me why you like this Corel/Inprise merger? If you are a big Corel investor, it makes a lot of sense. With a quarterly burn rate of $18 million and about the same amount in cash, Corel has another 3 months of operations without further financing. With INPR $250 million, they have it made. This deal stinks, unless you're a Corel shareholder. Dennis