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

To: lbs who wrote (725)	7/28/1998 9:26:00 PM
From: Key West	Read Replies (2) \| Respond to of 5102

To all: Spoke with Kathleen Fisher, V.P. Investor Relations today. Kathleen has always made herself available to me and has always been very professional. Re insider buying: Del actually owns about 4% of INPR and a whole lot of options as do most of the officers. While some employees buy stock through weekly payroll plans ( no restrictions here ) , they are NOT permitted to acquire stock during the "quiet" period which starts up to 3 weeks before the end of a quarter up to 3 or 4 days after earnings announcement. This represents a large block of time throughout the year. Re dilution: Today's announcement was a "third " phase of a process that started well over a year ago. As well, today's injection of $11 million represents a vote of confidence on behalf of these investors who participated in prior phases. Additionally, analysts who follow INPR take this entire potential dilution into consideration when making estimates. So today's action is NOT a further dilution. Re earnings: There seems to be no doubt that INPR is now focusing on "Big Ticket" sales, and some of these unfortunately didn't close in time for 2nd quarter results. These will be reflected in the 3rd quarter with hopefully better impact on earnings. Overall, Kathleen was her usual reserved, conservative self. However, I did detect a subtle confidence re INPR's long term viability. I maintain that this is one of the most frustrating positions I have ever held, and while I know this will be a long wait, things may very well work out long term. In the meanwhile, I will stick with Dell and Cisco re new purchases as I have over the last year. p.s. **O.T.*** Watch Textron "TXT" Gene

To: lbs who wrote (725)	7/29/1998 1:28:00 AM
From: David W. Taylor	Read Replies (1) \| Respond to of 5102

Yes, but the shares were not yet issued. Now the float of shares has increased. The company, such as it is, is not worth any more than it was yesterday but now there are more issued shares. Despite what the Investor Relations people say at INPR, there are, or soon will be, more shares around. Until the financing was completed, these shares were not on the market for sale or purchase. This means each share going forward is worth less than it was yesterday, even if the analysts were taking the larger number of shares into account. >> This is not new financing. It is from the 1997 financing that Del did when he first joint INPR and they needed the money. Not a big deal. The market already has this information. >>