Taking full responsibility for the bad results that Borland ''managed'' to make within the last two quarters, CEO and president Dale L. Fuller withdrew from his job.

So this is the second quarter in a row where Borland missed the expectations and made losses again. This time it was 0.19 to 0.21 dollars per share.

Everyone knowing at least a little bit about economics should understand that this is a real bad sign for Borland, since it's not the usual practice to just withdraw after bad quarter results (since every company around has some good and some bad quarters). So this just seems like another step on the way down for Borland, whose image already suffered very heavy. Sad to see how a bad management can drive such a great company as Borland against a wall...

<font size=-2>Infos taken from german IT-newsmagazine heise online</font>