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

To: Jatin Kadakia who wrote (2647)	4/13/1999 5:36:00 PM
From: David R	Respond to of 5102

Finally Inprise talks. Some of the notable points made in the release: Q1: Earnings and revenues will fall short. Restructuring charges and Del's Golden Parachute will make them worse. 1999 Expectations: Net loss for the year. The reason is stated to be " increased investment is necessary for sustainable long-term growth" The big news is on the departure of Del: " In order to address unfounded rumors, the Board stated that it had requested Yocam's resignation because of philosophical differences regarding the Company's growth strategy" Breathe a sigh of relief the books were not cooked!! The Board reaffirmed its confidence in the accuracy of the Company's reported financial statements. go2net.newsalert.com

To: Jatin Kadakia who wrote (2647)	4/13/1999 5:46:00 PM
From: Cube	Respond to of 5102

Holy sh!T !!! A 0.56 per share loss and a loss for the year. This is far worse than I anticipated. Factoring out the one time charges, that still means an operating loss of about 0.20 per share. This can only mean revenues are probably in the high 20 million range. Book value has just been devastated and PE is now infinity. This stock is definitely going below $1 per share, and a lot sooner than even I thought. I will say this though, Fuller seems like somebody with an actual track record. If he can actually start to sell some product in the next 24 to 36 months, this time we could really see a turnaround, with a real turnaround artist. Instead of a fake turnaround with a wannabe turnaround guy. Assuming no accounting fraud, this might be a buy below $1 in the next few months. Cube

To: Jatin Kadakia who wrote (2647)	4/13/1999 6:22:00 PM
From: TTOSBT	Read Replies (1) \| Respond to of 5102

Re: "T, I did not believe Cube's 1/2 dollar tease, but now it looks like a possibility!" Not sure? The market seems to have already priced most of this in while we were all wondering why Del left it dropped below $4 to $2 11/16. Now that the mystery no longer shrouds both Del and Kathleen leaving we are at ground zero. I guess tomorrow we will see how much downside is left? We now know that the books were not cooked. We had also known they were going to take a charge from last Q4 report for Q1 ok it's a big one but all the uncertainty is gone. Except the uncertainty of another company buying them out or portions thereof maybe the Visigenic's portion? Or maybe Corel the tools portion? It depends on what the Q1 report states about where the loss occurred and how much in which area if across the entire business? TTOSBT