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


To: Cube who wrote (2593)4/6/1999 1:27:00 AM
From: David R  Respond to of 5102
 
Cube, I have showed that it is unlikely that the debt holders would be trying to kill INPR via a terminal short. As the holders of the floorless would have short sell a minimum of 10,000,000 shares (conservative since such a sell would drive the price down fast), it is unlikely that they are currently short selling. Do the math. It makes no sense that the debt holders are currently shorting INPR. What a 9000 share increase in short interest. They put their $25M at risk for a mere $27K. No way.

Mind you that I am not making any assumptions about the current state of INPR, or which way the stock is heading. I just see little evidence to support your "floorless bandits" theory. Now if we suddenly see short interest growing in 500K and 1M blocks, then perhaps we could re-visit your scenario.