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Ottawa Citizen: Inprise shareholders grill CFO about Corel merger

Apr 28, 2000, 11:04 (4 Talkback[s])
(Other stories by Mark Anderson)

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"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."

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