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

To: Paul Corbett who wrote (9761)	4/5/1998 8:44:00 AM
From: Neil Booth	Respond to of 10836

You did not take into account share dilution. After a 10% dilution 52 week high market capitalisation basis would be reached at about $10.80 Hi Paul, I disagree. I owned one BORL share before, I still own exactly one now, so I don't feel richer until it reaches $12. Your calculation method says getting poorer through acquisition is OK, and allows management to spend as much as they like on acquisitions under the pretext "you should be looking at the dilution-adjusted share price". Neil.

To: Paul Corbett who wrote (9761)	4/5/1998 2:00:00 PM
From: Kashish King	Respond to of 10836

I think Neil's point is well taken. Nobody is going to consider anything but the current bid when and if he decides to sell his shares.

To: Paul Corbett who wrote (9761)	4/5/1998 9:11:00 PM
From: TChai	Respond to of 10836

To be complete you would need to identify market cap of BORL and VSGN at the time of the announcement add them together, and come up with a "corrected 52 week high", which is probably less than 12. Paul, I like it when people talk about market cap because it's more logical. However, the market is not about logic but perception and emotion for most of the time. Making the new 52-week high gets the publicity, exposure and perception that could only help Borl. A break above 10 is, ofcourse, healthy and welcome. A close above 10 would knock a lot of sellers out and would particularly hurt the shorts. Your observation about bear raids on Borl made me wonder if a certain company that made a billion dollars (tax-free) last year selling puts that expired worthless, would use their immense wealth to short competitors' stocks such as Borl as part of their take over the world strategy. I won't be surprised if the truth ever comes out.