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


To: Ghassan I. Ghandour who wrote (783)8/1/1998 1:01:00 PM
From: David W. Taylor  Read Replies (1) | Respond to of 5102
 
I agree, Ghassan. When this one gets to $5, I will start deciding if it is likely to do this trick again. As I have previously mentioned on this board, I have done the same trick a couple of times.

Worried about the huge extra influx of shares, Del's salary and the concept of yet-another-silly-acquisition though. The name change and subsequent lack of Wall Street recognition leading to low trading volumes have really killed this one.

Oh, and by the way, I recently tried JBuilder 2. Still qualifies as an early Beta IMHO. JBuilder 1 was an embarrassment - early Alpha quality.

If it goes below $5, INPR will itself become a strong takeover target though....



To: Ghassan I. Ghandour who wrote (783)8/2/1998 12:03:00 AM
From: TChai  Respond to of 5102
 
Ghassan, Good explanations on INPR being a Del's company. I've always wondered how did you figure the top at 12. It does make a lot of sense.

Unfortunately, the general market doesn't look too good and INPR most likely will not be immune to it. The question is, "Are we going into a major correction or even a bear market if something happens to the economy?" If something is going to happen to the economy then sales would be affected across the board for software companies and the turnaround would stall while the stock remains in the basement.

The bounce from 7 to 8.5 turned out to be a bear rally. We are still looking for a bottom but the general market is not helping. 5 may be tested. Who knows? According to your dilution rules, 2 1/2 is not out of question? Nah! the company has $2 per share in cash. Del can just buy out the company and go private.

I can only hope that Del's remark about 20% desktop is just a bravado for the analysts. I hope that he will make a strong statement at BorCon that he is serious about the desktop. And he will give away Delphi 4 PRO patch that will include C/S features that they can play with. This will bring distributed computing to the mass, just as PK did with DOS programming.

Go Del, Go INPR.