To: Charles Hughes who wrote (9676 ) 3/31/1998 11:12:00 PM From: Sam Scrutchins Read Replies (5) | Respond to of 10836
Charles and all, If I could intercede in the discussion of languages for a moment and return this board to its original purpose (which has been strangely absent for the past couple of days!!), I have two questions: First, I have heard little this Quarter about sales of Borland products. John posted awhile back that contacts at Visigenic were upbeat. Other than that, not much! Anyone care to comment on sales and other expectations? Second, Borland's stock action today was extremely quite until the last hour or so, especially the last 15 minutes, when much of today's trading activity took place. The trades were one 50K block (or thereabouts) and a number of 10K blocks (btw, that's decimal, not hexidecimal). The data shows up better on the 1-min charts, but I can only make the 5-min chart permanent:chart4.bigcharts.com Since many if not all of this flurry of trades were upticks, it strikes me that someone knows something. The best guess from me is that an investment hotline came out with a buy rec going into tomorrow's trading. Another guess is that someone or some group found out something about a positive news announcement coming out tomorrow. I suspect this since the action happened at the tail end of a rather sharp selloff in the DOW (somebody didn't seem to like the Fed's interest rate pronouncement???) when one would not normally expect this kind of immediate uptick action. Borland has gone back to the bottom line on the developing symmetrical triangle formation today, and cannot go down further without breaking this pattern. FWIW, today's market action could bode well for this stock tomorrow. If the stock instead continues this slow decline, then I will get nervous. My 2 cents, Sam