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Technology Stocks : Corel Corp.

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To: A. Hayer who wrote (1714)8/29/1997 11:34:00 AM
From: Vanni Resta   of 9798
 
"Corel Corporation announced that Corel(R) WordPerfect(R) Suite 8
Professional, United States retail version, is now shipping..."

Too bad they didn't use the money spent on that gigantic and befuddled USA Today ad, that was a failed attempt to clear up the "To Java or Not To Java" debate, to publicize their new product instead. The typical consumer does not care whether the company is exploring some exotic programing language that may or may not pay off two years from now. He wants to know: what can you offer me today that will help make my life easier and maybe, with luck, free up a little time on the weekends.

Corel's spening on ads that go in a completely different and irrelevant direction are just another sign that this management is way out of touch and does not know how to develop a product. No wonder, then, that this stock is so cheap. Anyone know if Cowpland is a Barry Manilow fan?

Happy Investing!

Vanni
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