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

To: TTOSBT who wrote (2483)	4/1/1999 8:53:00 AM
From: John Solder	Read Replies (2) \| Respond to of 5102

They are not painting a pretty picture! Even you won't care to put a positive spin on this ? I'm surprised. Anyone who reads this thread knows I will shed few tears for Del. When Rodger Sippel resigned as Head of Technology I knew this was not a good indication of internal faith in Del. I have to read the report now, I'm afraid of what I may find.

To: TTOSBT who wrote (2483)	4/3/1999 8:06:00 AM
From: David Miller	Read Replies (1) \| Respond to of 5102

Can anyone translate these paragraphs from the 10K into plain numbers for us? "The number of shares of Common Stock which may be issued upon conversion of the Series B Preferred Stock is dependent upon the trading price of Common Stock at the time of conversion. To the extent that the trading price of Common Stock is lower than $6.94 per share (or $6.88 per share for the Series B shares purchased on July 27,1998) at the time of any conversion of the currently outstanding shares of Series B Preferred Stock, the number of shares of Common Stock issuable upon such conversion will increase. Upon at least twenty trading days' written notice, the Company may elect to redeem, on the date which is the second, third, or fourth anniversary of effectiveness of the registration statement, all of the outstanding Series B Shares, at 110% of par. Subject to certain conditions, the Company also has a right to call for redemption for all or a portion of the Series B Shares if the Conversion Rate is less than $6.00 per share."