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Technology Stocks : Corel--$100 in 1998

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To: Gnarly who wrote (1989)3/29/1997 4:42:00 PM
From: dan pearson   of 2329
 
I'm also holding, actually bought a couple hundred more week before last. I've been in it since it went public and have taken out far more than I initially invested so I'm in for the long haul. I've watched them for years and they do seem to be able to spin gold - they did it with SCSI, Ventura, Draw... now lets see if they can do it with WordPerfect.

My only concern has been the cash position. It has definitely deteriorated over the last few years. Of course they used it to get WP at fire sale prices....the list of registered users will probably turn out to be worth the purchase price!!

I figure in 3 years they will once again be a small innovating company selling at about $12 Can or they will have pulled it off and will have surpassed the $100 mark.

...dkp...
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