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

To: Cube who wrote (1974)	1/20/1999 4:16:00 PM
From: Sam Scrutchins	Read Replies (2) \| Respond to of 5102

This is serious trading going on here, not just the normal run up before earnings. Cube, I agree. You have mentioned in earlier posts that we have been seen heavy crossing activity. I agree also, but I think there has also been a buying bias, suggesting that not all is crossing, but some is actual accumulation. This all started about a month ago with the pop to 7. I would imagine the fall back to 5 caused some distribution that was accumulated by the MM's. They have probably given most of this back now and may have light inventories. I think someone or some group knows something this time around and is steadly buying. Your buy signal was apparently seen by others because the stock took off after it broke thru 6. Looks like some used the opportunity to get out and pushed it back down towards the close, but still a great day. I've considered selling covered calls if earnings aren't any good, to pick up some cash on a sell-off. In the past the best move would have been to sell the day before earnings release, but this time it seems risky to me. Even if earnings are not all that spectacular, the conference call may indicate a big pickup in enterprise contracts. If this happens, the stock is likely to begin a slow move up, perhaps above 10 by the end of the year. If good earnings occur and new contracts are announced, then the move could be faster. All in all, this is getting to be tiresome, and it is time for the turnaround to manifest itself. JMHO, Sam