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

To: Sam Scrutchins who wrote (7601)	11/20/1997 8:36:00 AM
From: i-node	Respond to of 10836

I think "Empire" definitely has a different approach. But is it any better? I question the price of this acquisition; but its sort of like reading a crappy novel where you keep waiting for something to happen. I keep waiting on Borland to say, "Oh, we forgot to announce, there IS a reason why this deal was worth what we agreed to". Unfortunatly, like the bad novel, I'm afraid we're not going to get to the good part. I just believe that Del was taking a long-term view, wanted the assets of VSGN, and probably felt there was no cheaper place to get them.... David

To: Sam Scrutchins who wrote (7601)	11/20/1997 8:37:00 AM
From: James L. Fleckenstein	Read Replies (1) \| Respond to of 10836

Sam, thanks for the re-post. What I don't get, is if simple math makes this such a bad purchase then why would such a smart guy (Del) do this deal. The two sides of this equation don't make sense to me. One of them is wrong: Either Del is way more stupid than everyone gives him credit for, or the VSGN purchase price (cost to Borland shareholders) is overstated. I guess I vote for the Del side of the equation. The fact that the share price is only down to levels of one month ago, before market turbulence took hold, supports the view that the VSGN deal is not quite the boner that your AOL poster sees it as being. For now, I am buying April calls at slightly reduced prices.