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

To: Graham Wideman who wrote (2057)	1/28/1999 7:38:00 PM
From: i-node	Read Replies (1) \| Respond to of 5102

But I have trouble with the notion that the market reaction, on a day-by-day basis, is an insightful measure of how a company is doing in building high-quality tools and services for a complex market. I've been buying & selling Borland shares (& options) for many years -- since its inception. As recently as a year ago I had high expectations. But beginning with VSGN and continuing during the ensuing year I have been totally disgusted. Basically, my disgust stems from the VSGN deal, which I feel costs the shareholders a good deal of money and snuffed the life out of an otherwise promising turnaround. I think it was a case of "throwing money" at the problem -- management's perceived focus on the "enterprise". While I believe the notion of getting out of the shrink-wrap business makes sense, particularly when MSFT has whipped your butt for years with inferior products, you don't do it AT ALL COSTS. The price paid for VSGN was absurdly ridiculous (in retrospect, I know this; at the time, I wasn't so sure). The bottom line is that the turnaround has failed to materialize, and I believe it is, at least in part, due to the untimely acquisition of VSGN. I take issue with the idea that my complaint is based on the latest crap-out. I've watched this stock forever. Never in the past have I expressed any concern about using Borland product; but this company has little ability remaining to raise capital should the need arise. I certainly don't want to commit additional resources to software development in a language that may well end up in the hands of a Corel or worse... David