To: Ghassan I. Ghandour who wrote (2225 ) 2/27/1999 12:16:00 PM From: Cube Respond to of 5102
Ghassan, Once again, congratulations on your trading prowess. Wish I had been there with you on some of those.INPR seems to be fighting its way, on its own, after the company stopped buying back. I do like what I am seeing as stock action in this very tough market. I must disagree with you about the above statement. This is not a tough market. This is an incredibly good market, especially for tech stocks. The Nasdaq is near all time highs and was increasing all while INPR dropped so dramatically. The fact that INPR broke its trading range of 4-3/4 on heavy volume, and the bounce back up to 5 the last 2 days has been on very light volume, is some very poor stock action in my opinion. Especially in a market that is so favorable to tech stocks and pseudo internet companies. I am not a programmer. Anybody on this thread knows more about programming than I do. I have friends in the business that tell me BORL products really are great products. Others tell me they are as good as the other programming tools, but nothing extraordinary. None of them know anything about INPR. All the good things I hear from the professionals is in reference to the BORL products. The Inprise strategy is a failure pure and simple. Most people I speak with, still call it Borland. They say, "Oh yes, I guess its called something else now." The Borland product line is not enough to sustain the still too high PE of 32. A buyout could happen. Anything can happen. I just think it is a sad commentary that Dilbert has left his investors with a buyout as a last hope. There were too many good, loyal, patient investors in this company to have been so profoundly disregarded. Cube