Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: squeakywallet who wrote (2375)	3/18/1999 6:10:00 PM
From: munsters	Respond to of 5102

I guess now nobody is gonna support this stock since he announced the sharebuyback is over. No wonder the stock is down. Nobody wants it.

To: squeakywallet who wrote (2375)	3/18/1999 6:40:00 PM
From: Dennis Nicks	Read Replies (2) \| Respond to of 5102

The share buy-back is to offset dilution that would occur when employees DO cash in their option. Yes, nobody has exercisable options at Inprise right now. But when they do cash them in, if the company has treasury stock that they purchased at about $4.8 a share, they've just offset the shareholder's dilution at a lower price. I'm just as frustrated as everybody else about the share price. But if you look at Inprise and compare it to what Borland was 2 years ago, then you come up with one of two conclusions: That Inprise shares at this price are undervalued or that Borland shares two years ago were overvalued. I'm in the undervalued camp. I talked to Denise Franklin at Inprise IR a few weeks ago. The share price aside, things are going well with the company and the turnaround plan. MORE REVENUE is what everyone is looking for and we'll see it surface this year. The Q1 results will give us a look at how sales and expenses break down between both Borland.com and Inprise divisions. We'll see that there is revenue growth in the Inprise division and see if they can improve the sales in the Borland.com division. I'm looking forward to seeing how all of this hashes out.. I'd also encourage frustrated investors to get ahold of IR at Inprise. There is a lot false information, innuendo and just plain ignorant comments floating around. It was nice to hear some facts about what's going on at Inprise.. Dennis