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

To: George Lazar who wrote (8372)	1/3/1998 8:14:00 AM
From: David Miller	Respond to of 10836

The OPEN deal was one of the most amazing "highway robberies" I've seen in the software industry. With respect, George, I think that is a massive oversimplification. Open had a successful product, as well as substantial customers in the US, Japan, Korea and Hong Kong. The disappearance of both the cash and the people was the result of the lengthy acquisition process, which itself was caused primarily by Borland's disastrous April-June quarter of 1996. Everything went on hold for six months, including customer decisions, by which time the continuance of the Boston facility was not viable. That's where the majority of the talent was lost. The price - of anything - is predominantly guided by the value perceived by the purchaser. I would imagine that Borland management is very focussed on not repeating the mistakes made during the "integration" of Open. I hope they recognize what those mistakes were. david

To: George Lazar who wrote (8372)	1/5/1998 6:45:00 PM
From: The Tuna	Respond to of 10836

<<BORL - did not buy a product from OPEN, because there was no product - did not buy market share, because OPEN had no customers - did not buy good people, because they disappeared.. - did not get cash (whatever left from venture capital) because OPEN vas looted.>> Oh, a cluelessness attack... Yes, there was (and is) a product (several, actually) Yes, there were customers The people did disappear (for the most part) There wasn't much cash left (although it was NOT from venture capital, but from the IPO). And it was not looting, just a company running out of cash. That being said, it wasn't a great purchase. But let's not be clueless about the facts.