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

To: TTOSBT who wrote (1056)	8/31/1998 1:30:00 AM
From: R. Martenson	Read Replies (2) \| Respond to of 5102

Mutual fund pressure to sell must be huge at this point. It is beginning to be the time of year when fund managers start looking after their report card. If they sell now they will salvage some profit for the year. If they wait another week, and one more 'bombshell' hits the news wires it could be all over for making a profit for the year. I think we are on very thin ice, and the temperature is rising fast. We have the total collapse of Russia looming, Iraq embolden by Ritter's departure, Bosnia heating up, Korea on the edge, Japan and Asia in shambles and the world economic picture starting to eat away at the psychology of the American market if not the fundamentals. Psychology always counts more than reality in investments...and it is looking very, very bleak. Combine he gloom with a very overpriced market valuation across the board...and in my humble opinion, the 1930's will be in the news in a few months. When Mom and Pop start worring about saving the nest egg, and the broker's and Mutual funds start covering there rear ends, there won't be enough buyers and plenty of sellers. I think we are on the edge of the classic 'one more straw' and the Camel's back is sagging dangerously low. I suggest being very guarded, it's is human nature to think positive and forget the past, this could be a very, very dangerous time to be complacent. I still will wait for $4.50 before considering Inprise. Good luck and I hope I am wrong. ...Oh, and P.S. I heard some rumor the President and maybe the Vice President could be in legal jeppordy...must just be some conspiracy, cause surely our generation wouldn't make the same mistake twice... would we??? I don't think a 'straw' is coming, I think it is the whole bale of hay!