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February 16, 1988

BORLAND WANTS A NASDAQ QUOTE IN THE US

By CBR Staff Writer

Borland International Inc, whose shares are at present traded only on the Unlisted Securities Market in London, wants a NASDAQ quote in the US, so it is getting into practice for quarterly reporting with a brief report that for its fiscal third quarter, pre-tax profits slumped 46.5% at $250,000 on turnover that soared 168% at $21.7m; taking big tax credits – tax loss carry-forwards in the official jargon – of $806,000 this time against $195,000 last left net earnings per share 260% ahead at 1.8 cents.

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