“Investors of Inprise/Borland Corp. took little comfort in
the company’s much improved first-quarter financial results
yesterday, focusing instead on the impending merger with Corel
Corp.“
“The California software maker announced a loss of $1.1 million
(all figures in U.S. dollars) on revenues of $46.5 million, versus
a loss of $25.6 million on revenues of $43.4 million for the same
quarter last year.”
“Instead of applauding the turnaround, however, investors and
analysts used an Inprise conference call to bombard chief executive
Dale Fuller and chief financial officer Fred Ball with questions
concerning the Corel acquisition.”