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


To: Mark Bracey who wrote (2491)4/1/1999 10:02:00 AM
From: John Solder  Respond to of 5102
 
I've found the good news.
Del's departure has been expected and the current report has already been factored into the stock price. Barring INPR picking Phil White to run the show, I think the worst is behind us.



To: Mark Bracey who wrote (2491)4/1/1999 10:17:00 AM
From: Ghassan I. Ghandour  Read Replies (1) | Respond to of 5102
 
One other positive in this: the company has increased retained earnings, instantaneously by saving on Del's outrageous salary. Maybe they should bring back Bob Khan as he did much better with Starfish than this company did since he left. In fact, the only real money we saw, in this company, came from the sale of Starfish.

When I sold half my holdings, the evening before the last earnings and saw the earnings the next morning, I should half sold the rest and went short like CUBE did when the stock went up first thing in the trading day (only to plummet later). The positive earnings spin was very much like two years ago when the stock started its journey South from 18. The CEO then also resigned afterward.

Another positive is that we shall get a bounce when a new CEO is appointed. I just hope that the latest fall from 5 was the prelude to this resignation and we wont go lower from here.

Ghassan.