SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: shane forbes who wrote (8657)1/21/1998 11:00:00 PM
From: Michael Coley  Respond to of 10836
 
RE: Use of Private Financing.
Shane,

Thanks for taking a stab at the answers. I think you're probably right. If that is what the money was used for, I agree with the use. It's not safe for a growing, marginally profitable company's current ratio to drop below 1.5. But the reason offered just two months before that quarter ended was an "to invest in or acquire technology". I'd just like to hear what went wrong (and see how Del handles a tough question <G>).

- Michael Coley
- wwol.com <--- I've Moved!



To: shane forbes who wrote (8657)1/22/1998 12:40:00 AM
From: synchro  Read Replies (1) | Respond to of 10836
 
Hi Shane. Don't know if you noticed.....it kinda threw me off balance that niceness and courtesy suddenly breaking out all over in this conference. <chuckle>

Certainly Borland investors have been a long-suffering lot. I've held on to my shares because I think there's still a significant remnand of goodwill among PC programmers who grew up and learn to program in Turbo Pascal. A lot of these people have probably moved on to other things (and careers), but they certainly would give Borland products the benefit of the doubt if its products are any good. To me Turbo Pascal 3.0 is still a stunning piece of software engineering elegance.