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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?


To: John Solder who wrote (398)6/30/1998 4:06:00 PM
From: Sam Scrutchins  Read Replies (1) | Respond to of 5102
 
John,

I hope you feel better this afternoon.

Sam



To: John Solder who wrote (398)6/30/1998 5:24:00 PM
From: Maher Sid-Ahmed  Read Replies (1) | Respond to of 5102
 
Hi John: Re: "Two brokerage house reports has not pulled this baby off the bottom." As much as I share some of your sentiment I still think we may see over $12 this year. The question is whether the planned acquisition will bring this poor performing stock down to $7 again.
The market is not very rational and seems to be driven by momentum plays rather than fundamentals. A name change should have had little to no effect on share price, but history tells us otherwise and Del should have known and should have waited until the market for small and micro cap stocks stabilized. You never know what the market will do next - MSFT is assessed by the market as worth more than GM, FORD, CHRYSLER, and CATERPILLAR combined, and YHOO shares are worth over $140 while much better companies linger in value. If a JV group were to put together $265 billion and they have the option to buy outright MSFT or GM+FORD+CHRYSLER+CATERPILLAR and be left with some change - which way do you think they would go? Anyway, we will have to wait until Mr.Market sees value in this company and over assess it so we can sell and get out before another dramatic announcement by Del.

Maher