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

To: Sam Scrutchins who wrote (2131)	2/3/1999 12:34:00 PM
From: Cube	Read Replies (1) \| Respond to of 5102

Sam, It is not short covering. The total short interest is up for two months in a row, now at about 3.3 million shares. I also think that INPR is all but done with their buy back program, so I don't think it was them buying at the market. As far as them using their cash to buy and keep it above 5, I actually think that is a terrible way to use their cash resources. The market is much more powerful than any buy back program. If I remember correctly, the buyback program was about 1.5 million shares. We traded twice that volume in just the two days following the latest earnings. Their cash better be used to get revenues up, or the shorts like myself are going to win and I know Del doesn't want that. And by the way, when I say get the revenues up, I mean from selling their product, NOT interest from investments. We could all buy a nice REIT if that's what we were looking for. Cube

To: Sam Scrutchins who wrote (2131)	2/3/1999 7:05:00 PM
From: softcash	Read Replies (2) \| Respond to of 5102

INPR buyback doesn't help the stock price as much as we think. Sure it is a plus. But INPR has already satisfied much of their buyback program and the stock price was recently near $5. So, this tells me that the current amount of shares bought back has not helped INPR share price short term. I suspect that the remaining shares bought back if bought back now would not help short term price of INPR either. Reasons why ??: other negatives and/or uncertainties far outbalance the positive of buying back shares ?? the number of shares bought back are insignificant to total shares floating ?? Wasn't there a dilution recently? So would the dilution and the stock repurchase program wash each other out? Creating a net affect of 0?