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


To: David R who wrote (2050)1/28/1999 2:09:00 PM
From: Cube  Respond to of 5102
 
Down to 5-1/4 now. It will be interesting to see if there is any of the stock buyback program left to support this company above 5. I suspect that the program is all but over, and that once we go below 5, margin calls will force sales of the stock. Unfortunately, no more shorting is allowed once it goes below 5. Nobody of course except the holders of that floorless debt. They can short at any price. Next few days will be key.

Cube




To: David R who wrote (2050)1/28/1999 3:10:00 PM
From: Mark Bracey  Read Replies (3) | Respond to of 5102
 
Just think where we'd be if they'd simply licensed the Visigenics stuff instead of buying the company.

35M shares outstanding instead of 57M.



To: David R who wrote (2050)1/29/1999 2:48:00 PM
From: Ghassan I. Ghandour  Read Replies (1) | Respond to of 5102
 
DavidR:

I still see reasons to stay in INPR, besides the fact that I have been making some easy money in it. The company is profitable and cash rich if it can make almost 9 cents in interest. So what, if Del is operpaid, it means that the company is generating money to pay him. What a contrast when the company was in the red before he took the helm. The eneterprise part is growing nicely. And, if Borland goes into e-commerce, on the Internet, it may do it at least as well as the others. That is why I just bought back, at 5 1/16 the 50% of my position which I sold at 6 1/8 as the market was about to close the day before the earnings announcement as I wrote on this thread, at that time.

Go INPR, Go Borl.com

Ghassan.

P.S. Don't expect revenues to top 50MM before the price of the stock tops 10. The price will preceed the event. JMO.