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


To: TTOSBT who wrote (2623)4/12/1999 3:00:00 AM
From: Cube  Read Replies (1) | Respond to of 5102
 
Mr. T,

Obviously the stock's fall from 6 1/4 in January probably had all to do with Del's departure and the uncertainty thereof.

You can't possibly believe this. The stock began its fall 90 minutes after the earnings were able to be traded upon. The fall was uninterrupted by any bounce all the way into the 2's. Dilbert's departure was after the stock was in the low 3's. I know you're probably saying, "the insiders knew, and they sold stock, that's why it fell." If that was the case, that is illegal insider trading on non-public information. The fall from 6's to 2's on huge volume means only one thing and that is large institutional selling. Why did they do that, because the 10-Q was an appalling disaster. Lower revenues and no profits from the core business. The unbiased reading of that 10-Q is why I shorted the stock, and it's the reason the institutions dumped.

Audit this 10-Q INPR!!!

Cube