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

To: Kashish King who wrote (7476)	11/18/1997 12:13:00 PM
From: Dongyan Wang	Respond to of 10836

BPP, Ghassan, Michael and all, Will be glad to hear your opinions and predictions of the year end price? Any news from the conference call? Thank you.

To: Kashish King who wrote (7476)	11/18/1997 12:15:00 PM
From: STEFAN BABJAK	Respond to of 10836

Borland International Inc. will acquire tool-maker Visigenic Software Inc., in a stock swap worth about $149 million. The deal gives Borland access to Visigenic's Object Request Broker technology, which helps send messages between applications. Borland officials said the deal would allow users to develop and manage software applications over new and legacy platforms, including Windows Unix, AS/400 and MVS. Borland officials said the deal would help put the company back on the growth track, a process begun when the company turned the financial corner earlier this year, breaking even in the June quarter and turning a $1.5 million profit in the September quarter. "Our acquisition of Visigenic represents the next step in our ongoing turnaround initiative," Borland CEO Del Yocam said in a release. "We recently reported our second quarter of profitability and have made significant progress toward meeting our turnaround goals. With the agreement to acquire Visigenic, we now embark on the next major phase of our turnaround, which is aimed at providing enhanced long-term strategic growth opportunities for our shareholders and employees." The deal is expected to close in the first quarter of 1998. Both Borland and Visigenic's boards have approved the merger. Under the terms of the agreement, Visigenic stockholders will receive .81988 of a share of Borland stock for each outstanding share of Visigenic. About 12.5 million shares of Borland stock, which closed at $12 Monday, will be issued at the close of the transaction. Visigenic founder and CEO Roger Sippl, who also founded Informix Software Inc. and Vantive Software, will become Borland's chief technology officer. Rick LeFaivre, Borland's current CTO and vice president of research and development for Borland, will head research and development for the combined company. Borland also announced that it intends to maintain a development office at Visigenic's current headquarters in San Mateo, Calif. I think this deal should benefits BORL in long run.Traders got litle hit,long term investors will be revarded.I picked some VSGN and will hold and buy some more on any pull back. Stefan

To: Kashish King who wrote (7476)	11/18/1997 12:15:00 PM
From: tom pope	Respond to of 10836

thread, i'm new here, hello to all. if you think: 1. the deal will go thru (and it should, since there are no regulatory problems and while i can imagine some borland shareholder unhappiness, shareholder revolts never happen) 2. the acquisition makes strategic sense, even if not accretive to earnings in the short run. 3. the recent price action would have been sustained in the absence of the acquisition. then a purchase of vsgn is a cheap way to buy borl. i was about to buy a bit of borl today in the light of the price action and the recent favorable option activity, but instead bought vsgn at 7.5. if you do the math you'll see that i've just bought borland at just over 9 1/8. anyway, we'll see what the market tell us.

To: Kashish King who wrote (7476)	11/18/1997 3:41:00 PM
From: david thor	Respond to of 10836

<What made me gag about Borland's Open acquisition was the myopic and brain-dead thinking (dead brains don't think) which went into buying a DCOM based product. DCOM is NOT entrenched and it will NOT become that way. DCOM is NOT another technological monopoly as Windows is. Borland has done precisely the right thing here, at the cost of a hit to the stock price.> Rod, That is exactly the way I felt about both deals, although I admit I don't have the experience that you have (I have no shortage of work and just don't have the time to really learn Delphi, C++Builder and JBuilder, especially JBuilder - I've always liked Borland products but I'm spread too thin at the moment). Were you following Borland when Wetzel left? I think that was the worst thing that ever happened at the time. He ran a pretty tight ship, as far as I can tell, but he was very limited in what he could do and, in fact, was expected to do, which was to keep the company viable. Just wondering what your opinion is on that. I think Yocam's far better for Borland than Wetzel, but that's not a criticism of Wetzel, I think he was the target of unrealistic expectations at the time. Of the people who posted this morning, some of them really felt the sky was falling on Borland, it would be helpful if they keep posting, because maybe we're missing something (as long as it doesn't involve the current price in Borland stock, people quit folders that become nothing more than repeats of the stock price) Regards, Dave