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<DIV><SPAN class=958582503-26092005><FONT face=Arial color=#0000ff size=2>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.</FONT></SPAN></DIV>
<DIV><SPAN class=958582503-26092005><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=958582503-26092005><FONT face=Arial color=#0000ff size=2>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.</FONT></SPAN></DIV>
<DIV><SPAN class=958582503-26092005><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=958582503-26092005><FONT face=Arial color=#0000ff size=2>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.</FONT></SPAN></DIV>
<DIV><SPAN class=958582503-26092005><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=958582503-26092005><FONT face=Arial color=#0000ff
size=2>Samuel</FONT></SPAN></DIV>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
<DIV></DIV>
<DIV class=OutlookMessageHeader lang=en-us dir=ltr align=left><FONT
face=Tahoma size=2>-----Original Message-----<BR><B>From:</B>
delphi-bounces@ns3.123.co.nz [mailto:delphi-bounces@ns3.123.co.nz] <B>On
Behalf Of </B>Nahum.Wild<BR><B>Sent:</B> Monday, September 26 2005 1:54
p.m.<BR><B>To:</B> 'NZ Borland Developers Group - Delphi
List'<BR><B>Subject:</B> [DUG] Top Delphi people colud be leaving
borland.<BR><B>Importance:</B> High<BR><BR></FONT></DIV><!-- Converted from text/plain format --><FONT
face=Verdana size=2>
<DIV align=left><A
href="http://phx.corporate-ir.net/phoenix.zhtml?c=112793&p=irol-SECText&TEXT=aHR0cDovL2NjYm4uMTBrd2l6YXJkLmNvbS94bWwvZmlsaW5nLnhtbD9yZXBvPXRlbmsmaXBhZ2U9MzY5MzM5MiZkb2M9MCZhdHRhY2g9b24=">http://phx.corporate-ir.net/phoenix.zhtml?c=112793&p=irol-SECText&TEXT=aHR0cDovL2NjYm4uMTBrd2l6YXJkLmNvbS94bWwvZmlsaW5nLnhtbD9yZXBvPXRlbmsmaXBhZ2U9MzY5MzM5MiZkb2M9MCZhdHRhY2g9b24=</A></DIV>
<DIV align=left> </DIV>
<DIV align=left>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 <EM>"is
a cash cow"</EM> and not because they have a grand vision for it.
Borland seem to be winding down <EM>Deploy</EM> based products and
transferring staff internally away from this and related areas. As a
result:</DIV>
<DIV align=left> </DIV>
<DIV align=left><EM>"...All of this has had a chilling effect on morale at the
Delphi and Deploy groups. Several<BR>top people have already resigned,
and Mr. Coates has been informed that others<BR>have offers for employment
elsewhere...."</EM></DIV>
<DIV align=left> </DIV>
<DIV align=left>Not good. Is D2006 going to be the last potentially
decent version????? </DIV>
<DIV align=left> </DIV>
<DIV align=left>Has anyone heard anything further about this? Got
links?</DIV>
<DIV align=left> </DIV>
<DIV align=left> </DIV>
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<TD align=left colSpan=3><FONT color=#000000 size=-2><FONT
size=1><FONT face=Verdana><STRONG>Nahum
Wild</STRONG></FONT></FONT></FONT></TD></TR>
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<TD align=left colSpan=3><FONT color=#000000 size=-2><FONT
face=Verdana><FONT
style="FONT-SIZE: 9pt"><STRONG>::</STRONG></FONT><FONT
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<P></P>
<P align=left><FONT color=#990000><FONT face=wingdings
size=1><B>Ø</B></FONT><FONT face=Verdana><B><FONT size=1>
</FONT></B><FONT size=1>Hi Tech NZ Microsoft Software
Company of the Year: 2003,
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