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

To: peter lo who wrote (7490)	11/18/1997 2:26:00 PM
From: Bruce W. Shier	Read Replies (3) \| Respond to of 10836

I agree. We don't need VSGN at this point. The market seems to agree as well. vsgn up 2 1/2 .... borl down 1 1/2.

To: peter lo who wrote (7490)	11/18/1997 2:36:00 PM
From: Paul Corbett	Read Replies (1) \| Respond to of 10836

peter, I hear what you are saying and there is need to be cautious. I am however holding BORL. The OPEN acquisition was as you say a disaster and pushed the share price down to $5. However the price was going down anyway. At least this time the trend price for BORL is up. It is of concern that VSGN is losing $10m per year. Maybe some of the accounting analyst's on this thread can break this down a bit. Assuming that most guesses on this thread of BORL's expected earnings of about $5m per quarter then BORL earnings would have been about $20 for 1998 without the acquisition.. there are 2 possibilities.. either the combined earnings in 1998 will be about 20 -10 i.e 10 million per year or we were underestimating BORL earnings. As Yocam is saying there will be no dilution in earnings per share then I suggest that BORL earnings are higher than we have guessed above.. any other ideas anyone?

To: peter lo who wrote (7490)	11/18/1997 3:05:00 PM
From: John Solder	Read Replies (1) \| Respond to of 10836

>>It is too bad to hear that BORL is buying VSGN. VSGN is a company which never made a penney before. BORL needs to pay $150 million for a company revenue of less than $20 million and lost more than $10 million each year, why? Because BORL needs the technology !! VSGN has not made any $$ yet because they are a startup. They were not expected to turn a profit until this year. They are the leading provider of CORBA and ORB technology and a great bargain. As a VSGN stockholder my question is what do I need BORL for ?? They have been limping along for years. At least VSGN was forward thinking and technologically cutting edge. Now I get 0.821 shares of a real woofer.