Board index » delphi » Is it time to take over Borland?

2007-11-15 04:40:08 AM
delphi186
I've been watching the stock price of Borland (sadly, I own some of it),
and it is almost at a historical minimum. At this price, does it make
sense for some company to step in and buy Borland?
(i.e. today, Borland is off 2.43%, at $3.62, wherease the Nasdaq is up
2.89%)
Surely if someone was interested in Codegear, they could buy all of
Borland for less than CG's sale price of one year ago. Considering that
the U.S. dollar is also off by 15% compared to a year ago, it would be a
bargain for anyone outside the U.S.
This says nothing about the merits of Delphi, but speaks volumes about
Borland's management, who have no doubt ensured that they will be
handsomely compensated no matter what happens (how many millions does
Tod Nielsen get for presiding over a halving of the stock price during
his watch?).
I'm depressed. I felt sure that investing in a company whose products I
loved, that only needed wider recognition to become wildly successful,
was a good idea. Stupid me.
 

Rod writes:
just cash-on-hand, or making money off of Win32 IDE's, profit by
purchasing all of Borland and trash-canning everything else.
Personally, I would be just as happy if they kept C++ Builder along with
Delphi for Win32, and if Interbase is profitable, keep it too. Who knows,
maybe CodeGear as a whole.
*I'd argue that MS needs the competition, and couldn't afford to be seen
buying CodeGear/Borland outright.
--
-Brion
There's no such thing as 'one, true way;'
- Mercedes Lackey
 

I was looking that value too for the lasts weeks, and I noticed that the
estimated price for 1 year ahead it is the same ($6 per share).
So, it could be a good investment.
Saludos
Sebastian
"Graham Stratford" <XXXX@XXXXX.COM>escribi?en el mensaje

Graham Stratford writes:
Java, not ALM ...)
 

Graham Stratford writes:
who works at Borland will get nothing.
They should give the CEO a fair wage and then disperse those millions to
the people that really make things happen.
CEOs get a nice fat bonus as well while everyone else gets a frozen
turkey or fruit basket.
 

A frozen turkey ???? You mean they are giving away a copy of VB(Visual Basic) for
Christmas ???
 

Sebastian Ledesma [Solidyne Labs] writes:
Look at the financials carefully.
The basics are faulty. The company and their business model is
fundamentally unsound.
 

I.P. Nichols writes:
Most of the rest have long since moved to greener pastures.
MS might still want a few of those left at Borland, but it would be a
lot cheaper to just offer them a job than to buy Borland for the sake
of the dozen or so decent staff that they still have left.
 

Brion L. Webster writes:
competition in the tools space. It can easily, and IMO, more
justifiably argue that it faces competition from the Java side with
Eclipse (and NetBeans).
--
Brian Moelk
Brain Endeavor LLC
XXXX@XXXXX.COM
 

Tony Caduto writes:
the other companies (for which they are paid huge sums), and so the
people deciding the salaries of the top officers are ultimately
themselves. What would happen if all developer salaries were determined
by the developers?
It's like the US Congress -- voting their own salaries. My proposal:
each congressperson/MP/etc gets $2000 per percentage point of approval
rating for Congress as a whole.
Loren
 

Zoren Lendry writes:
So, we can know it will never happen :-)
 

Graham Stratford writes::
*way* Borland ends up being bought is if someone wants
some of Borland's technology badly and don't want to waste
in-house time developing it. (*cough* M *cough* S *{*word*88}*)
Once obtained, do you *think* they will waste their hard earn
money to continue with any of Borland's pet projects or side
adventures? In order to remain untouched, CG will then need
to separate itself from Borland (financially, physically,
management-wise, etc). Cynically speaking, of course.
Just my cynical $0.02.
Edmund
 

Maybe the right time all it needs right now is talk everyone
into unloading their stock at the same time, big ass investors
will cough the price will hit an alltime low and someone will
put it into chapter 11.
Big ass guy who made offers last year will buy and product
users will see a future and we will all live happy ever after.
"Graham Stratford" <XXXX@XXXXX.COM>writes

think MS has some much bigger competition in the development tools arena.
MS Delphi... we all know that term was bandied around for a long long
loooong time, but it is still interesting. I don't agree with it, but still
interesting nontheless. Especially with MS' unofficial commitment to native
code with the latest MFC upgrades...
Dave
 

David Ridgway writes:
trainings to convert anything Delphi related to MS technology the
chance that will happen is absolutely zero.
As i see it MS is actively, in full force busy with destroying Codegear
business with agressive competitive upgrade pricing and free trainings.
The last MS adverti{*word*224}ts i received where specifically tailored me as
a CodeGear/Delphi customers.
Since it was sent to me at a private e-mail address i use only very
infrequently i am suspecting a CodeGear partner for giving my details
to MS.
So for the dreaming about MS ever buying CodeGear/Borland, forget it,
abandon it. If anything, MS would just buy them out assimilate some
stuff and s{*word*99} the entire product portfolio.
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