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


To: Mark Bracey who wrote (1119)9/5/1998 7:46:00 PM
From: TTOSBT  Respond to of 5102
 
Re: "Misery loves company! Anybody else feeling like me?"

Cheer up Mark read the following and realize the world's biggest money changer is now on the side of the markets. This will be a huge market mover after labor day (I HOPE!)

washingtonpost.com

TTOSBT



To: Mark Bracey who wrote (1119)9/5/1998 8:07:00 PM
From: alex rosenzweig  Respond to of 5102
 
Misery loves Company!

Mark, I'm really, really miserable too, if that helps you...

Wouldn't take friday's dip too seriously, though. Volume was very light due to long weekend ahead. Any 100 share trade could move the stock 1/4 point. And before a long weekend there were more sellers than buyers. This should reverse, in general and for INPR, unless there's renewed general panic after labor day.

On two occasions I've mentioned here before: I'm a huge fan of INPR's strategic direction. I believe that Del, in the face of lots of unjustified criticism, has had the guts to do the "main street" strategic stuff right. It just takes time to materialize. I also believe that, no matter what he says, "wall street" won't reward INPR until it shows sustainable sales and earnings growth, which will start happening this quarter or next. --- I've staked an awful lot on this belief, but it is still soooo frustrating to see the stockprice melt away with no news from the company indicating that sales are on track (or that the dilution will be reduced with a significant share buy-back at this bargain basement price).

Other than being incredibly frustrating, the low stock price does, in my view, not really have an impact on INPR's main street business, except that INPR cannot possibly afford buying any additional company/technology for stock right now. Hopefully this will not jeopardize the strategic plan. --- If development schedules are kept and enterprise sales are on track, we'll get relief in a quarter or two, despite a possible bear market.

Don't loose the faith!