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


To: James Yegerlehner who wrote (8068)12/17/1997 3:31:00 PM
From: Michael Coley  Read Replies (1) | Respond to of 10836
 
RE: Objection to Merger - Cash?

James,

>> The last thing they need is to take on a big cash-hemorrhaging burden when they are just breaking even as it is. These take-overs are almost always a failure, and Borland doesn't have tons of cash laying around. I see big downside and no to little upside. <<

Since it's a stock-swap merger, rather than a cash buyout, the cash required for the merger is minimal. If they were doing a cash buyout, I would strongly agree with you.

- Michael Coley
- i1.net