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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Peter Shenderov who wrote (7067)	11/3/1997 5:21:00 PM
From: David R	Read Replies (5) \| Respond to of 10836

Nor would I. I own some Nov 12.5's. I think that I will hold on to them. At 1/16, there is no point in selling. And there is still a possibilty that they will expire in the money. How? 1) JBuilder C/S announcement 2) dBase GA announcement 3) Another major licensing deal similar to Oracle 4) Acquisition announcement. Remember that they have $25m-$50M that they raised for acquisitions. 5) Short covering. 7) A buy recomendation from a well known analyst. 6) Strong rebound of the market following last weeks tank (in which BORL proved to be suprisingly resilient). Any of theses could contribute to BORL moving up a few points. A lot depends on the mood of an increasingly fickle market. I am sure that Leo or one of our other bears could give as many reasons not to expect it any time soon. Note that I only paid 3/16 for the Nov 12.5's. But regardless, there is little incentive to sell at 1/16.