[DUG] Top Delphi people colud be leaving borland.

[Allan, Samuel]

I think you need to look at who wrote that article / SEC filing. (what
is an SEC filing?) It was some employee of Robert Coates, and is
probably slightly biased in favour of his best interest. However, this
doesn't mean that it is rubbish, just that it may not be the whole
story, and in places is possibly speculation by a very self-interested
party, as opposed to straight fact.
 
Also, what are Coates' motivations for trying to buy Delphi for more
than it is worth? I suspect he thinks it is or can be worth more. He is
a businessman, not an altruist. Perhaps Borland know what he knows and
intend to take it in the same direction. Perhaps he also intends to
profitably run it into the ground.
 
I am not saying it is not the first toll of the bell (or second, third,
one hundredth), just that I do not know how much to trust it.
 
Samuel

-----Original Message-----
From: delphi-bounces at ns3.123.co.nz [mailto:delphi-bounces at ns3.123.co.nz]
On Behalf Of Nahum.Wild
Sent: Monday, September 26 2005 1:54 p.m.
To: 'NZ Borland Developers Group - Delphi List'
Subject: [DUG] Top Delphi people colud be leaving borland.
Importance: High



http://phx.corporate-ir.net/phoenix.zhtml?c=112793
<http://phx.corporate-ir.net/phoenix.zhtml?c=112793&p=irol-SECText&TEXT=
aHR0cDovL2NjYm4uMTBrd2l6YXJkLmNvbS94bWwvZmlsaW5nLnhtbD9yZXBvPXRlbmsmaXBh
Z2U9MzY5MzM5MiZkb2M9MCZhdHRhY2g9b24=>
&p=irol-SECText&TEXT=aHR0cDovL2NjYm4uMTBrd2l6YXJkLmNvbS94bWwvZmlsaW5nLnh
tbD9yZXBvPXRlbmsmaXBhZ2U9MzY5MzM5MiZkb2M9MCZhdHRhY2g9b24=
 
Basically Robert Coates has tried to buy Delphi from Borland for US$150m
(way more than it's probably worth).  The Borland Board has said NO,
seemingly without much thought on the matter, because Delphi "is a cash
cow" and not because they have a grand vision for it.  Borland seem to
be winding down Deploy based products and transferring staff internally
away from this and related areas.  As a result:
 
"...All of this has had a chilling effect on morale at the Delphi and
Deploy groups.  Several
top people have already resigned, and Mr. Coates has been informed that
others
have offers for employment elsewhere...."
 
Not good.  Is D2006 going to be the last potentially decent version?????

 
Has anyone heard anything further about this?  Got links?
 
 


Nahum Wild	
:: Group Leader - Development	
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