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

To: David R who wrote (7068)	11/3/1997 6:36:00 PM
From: David Miller	Read Replies (2) \| Respond to of 10836

>>I am sure that Leo or one of our other bears could give as many reasons not to expect it any time soon.<< Call me a bear, or call me a realist. 1) and 2) New product availability isn't going to budge the price, unless sales are big enough to make CNN Headlines. 3) The Oracle license deal itself didn't move the price, as I recall. 4) Acquisition? Can't see it. I read the cash-raising as a means to divert attention from the rather shaky current ratio, which was hanging painfully around 1.0. Long-term debt traded for short-term balance-sheet dressing. 5) Possibly. Too technical for me to judge. 6) (Strong Rebound: your numbering system confused me for a moment!) If I was going to take advantage of the correction, I would pick bargain blue-chips in preference to a marginal tech stock. 7) That could do it. How likely is it? I think that the jury will be out on this stock for many months. Heck, even Del reckons the turnround will take 6 - 8 Quarters. That's 18 months to two years away. November? Wish-and-hope. david

To: David R who wrote (7068)	11/3/1997 8:13:00 PM
From: i-node	Read Replies (2) \| Respond to of 10836

David I agree. It would make absolutely no sense to sell the Nov call. First, the commission would totally take your proceeds. Couple that with the fact the stock could EASILY rise to 10 1/2 or 11 in the next week or two, certainly in the next month, resulting in options worth 1/2 to 1. It would be nuts to sell those calls.

To: David R who wrote (7068)	11/3/1997 10:15:00 PM
From: Jerry Whlan	Read Replies (1) \| Respond to of 10836

7) A buy recomendation from a well known analyst. He must not be too well known, but according to: quote.yahoo.com Somebody new has weighed in, and I think it is with a "Strong Buy." But, I don't remember what the recommendations where last week...

To: David R who wrote (7068)	11/4/1997 4:33:00 PM
From: i-node	Respond to of 10836

Ooops. I thought we were talking about Nov 10s. I still wouldn't sell the Nov 12.5 at 1/16 though (particularly since Michael will buy them off you at 1/8<g>).

To: David R who wrote (7068)	11/4/1997 4:36:00 PM
From: i-node	Read Replies (3) \| Respond to of 10836

Today ended up a good day. Lots of good stuff happening near the close. I think it is positive that we had this good move near the end of today's session, when the dow is up only 15. This gives us a chance of not opening with the same kind of panic we've seen in the last week, tomorrow morning. If we could have a couple more days like this, it would drive the price up to the point where we REALLY MIGHT SEE some people covering short positions. David