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: Lewis Edinburg who wrote (4750)	3/22/2000 10:15:00 AM
From: David E. Fitzpatrick	Respond to of 5102

What are these board members smoking? ===================================== Anybodies guess. This is an absolutely incredible situation that has gotten worse than I ever imagined possible. CORL is trading at 8 3/4 at the moment and INPR at 6 1/8. Is anyone awake out at INPR?

To: Lewis Edinburg who wrote (4750)	3/22/2000 11:48:00 AM
From: atvcb	Respond to of 5102

Well, the Chairman of our stupid BOD is a college sweetheart professor - at least it now explains why INPR got eaten alive by a real life dealer like Cowpland. The deal is now clearly recognizably extraordinarily stupid to individual investors, financial institutions and news media alike (except for Fuller and the BOD who have been and still are asleep in their wet dreams). The momentum to call off the deal is here. Therefore, I am wondering how would the deal gets called off. I very much doubt someone else is interested to buy INPR. If there is one it should have come on the scene by now. I also doubt Fuller and the BOD will take on Cowpland regarding the payment of the 30 million breakup fee. INPR has the biggest corporate idiots. I don't know if FULLER and the BOD would resign after the breakup. I tend to think that the stock price (post-breakup) would likely quickly recover to the pre-merger level initially and then it will take care of itself when the company returns to profitability with new products.

To: Lewis Edinburg who wrote (4750)	3/22/2000 2:58:00 PM
From: Magic212	Respond to of 5102

If this were the Titanic, and the BOD were the captain, it would be like "OK we hit an iceberg. We haven't sunk to the bottom of the ocean yet. Let's back up the boat and take another run at the iceberg and see if we can do some real damage." LOL! Though the situation we INPR shareholders are in, is far from laughable - I appreciate the chuckle nonetheless... -Leslie

To: Lewis Edinburg who wrote (4750)	3/22/2000 3:40:00 PM
From: David R	Read Replies (3) \| Respond to of 5102

I believe that they were hoping that the deal would be viewed favorably by being positioned as the only one-stop Linux shop. I suppose that they thought they might cash in on the Linux hype. I do not know how the shareholders will vote. The market has already voted the deal down. The issue is will the big shareholders, besides Coates, vote no confidence in the board and Fuller (which is what a no vote is). I do not believe that the board or Fuller will survive a no vote. The next question is who would then run the company?

To: Lewis Edinburg who wrote (4750)	3/23/2000 10:46:00 PM
From: Lewis Edinburg	Read Replies (2) \| Respond to of 5102

It's hard to believe that this whole mess with Corel isn't a really bad dream. There are two news articles today. One about each company. The headline for Inprise is: "Inprise/Borland Opens Public Field Test of Interbase 6.0 for Linux, Windows, and Solaris." For Corel the headline is: "Corel CEO Insider Trading Trial Moves to Ottawa." Can anyone state more elegantly why this acquisition is such a bad idea for Inprise?