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


To: John Solder who wrote (1228)9/21/1998 4:35:00 PM
From: Cube  Read Replies (1) | Respond to of 5102
 
John,

You may be right. I shorted INPR recently at 5 1/2, today's news made me cover at 5 1/8. I think short term, this means they are confident about this quarter, but they are terrified about the price going below 5 and staying there for all the margin calls. I think this step is to insure that it does not go below 5 in the near future. After earnings announcement, if they don't show top and bottom line growth and they don't have announcements of actual orders, I'll be back on the short side heavily. This is really make or break time. Technology is simply changing too fast for Del to take much longer for this "turnaround"

Cube