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


To: shane forbes who wrote (1256)9/23/1998 12:30:00 AM
From: KevinM  Respond to of 5102
 
With INPR stock so low, does anyone have an opinion about a possible buyout by Sun? In PC Week's 9/14 issue, there is an article where Sun's McNealy said in response to the acquisitions question:

"We're going to do lots of small products and technologies to fill in the holes, probably more along the lines of the Cisco [Systems Inc.] strategy, although probably not as aggressive."

It seems at least plausible to me that they could be in the tools market, especially considering the acceptance that JBuilder is beginning to receive. This would also seem to bolster their already strong services unit.

Any opinions?

Kevin Miller
(first-time poster, long-time lurker)



To: shane forbes who wrote (1256)9/23/1998 12:45:00 AM
From: shane forbes  Read Replies (2) | Respond to of 5102
 
And I listened to the call again to make sure that I was
not smoking something bizarre when I listened to it earlier and
that the value of the deal was indeed worth "several hundreds of
millions of dollars":

at around the 6:20 minute mark MOT was asked a question about
"the value of the deal and how it was structured".

And the answer was : "We are not going to be specific about the value of the deal but I would say obviously Starfish was very close to an IPO with about a 100 people and some good sales. This is in the order of several hundreds of millions of dollars as a deal..."

If anyone thinks I am making all this up, again, check this link out:
events.broadcast.com

and fast forward to the 6 minute mark and listen for 1 minute (or less).

I'll have to check this but I think Inprise had something around
10% of Starfish and so it is worth quite a bit to Mr. Inprise - a bonafide gift from the ex-CEO <g>.

Maybe Inprise did indeed get a fair bit of MOT stock. Hopefully they
did not sell all of it already. Doesn't anyone want to have
some connection to the stable land of chip stocks? <ggg>

Shane.