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Technology Stocks : Corel Corp.
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To: Scott Volmar who wrote (2494)9/25/1997 10:57:00 AM
From: Alex Wulder   of 9798
 
It appears as if beyond the sales drop caused by the
newly adopted 'conservative' accounting, sales of Corel
products are simply really really slow.

Whatever the reason (lack of appeal, marketing etc), I'm starting
to believe that there is no future for Corel even in the Office
market, because it seems they cannot handle the MS competition.
Sad, because as one of the only two alternatives you would have
expected there to be a market for them.

Of course I don't know whether this says anything about MS's
abilities more than it says about Corel's inabilities, but I have
the impression that WordPerfect/Quattro is rapidly heading for the
WordStar exit, no matter what actions Corel is going to take
from now on.

Perhaps it would be safer at this time to focus on the basics -
the very very very Corel niche: graphics.
At least it might give us a bottom for this share if (when?) Corel
writes off the entire suite.

SO: what is the value of Corel based on ONLY its Draw products?

Anyone?

-Alex
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