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Technology Stocks : Corel Corp.

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To: Vanni Resta who wrote (1136)7/31/1997 4:31:00 PM
From: Rob McClacherty   of 9798
 
Vanni
Some interesting news from ZD net. magazine site. A summary:" Today Sun Microsystems announces acquisition of information appliance maker Diba inc...potentially huge for Sun (and Corel!) and potentially bad news for Microsoft. This is Scott McNealy's big push to make Java the lingua franca of everything electronic, to put the Java logo on toasters, TVs and probably toys too. This deal is pivotal for Sun and it could be just the start of more acquisitions meant to get Sun closer and closer to the home." Corel and Sun are working closely together...Sun has @$1billion in cash (I understand)..interesting to speculate...this might account for some of the recent action with Corel..consolidation seems to be the trend...
thank you for your posts ...good luck
Rob
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