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Technology Stocks : Corel Corp.

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To: A. Hayer who wrote (3826)12/11/1997 12:31:00 PM
From: Leo Mitkievicz  Read Replies (2) of 9798
 
ah

You are correct. There are some discrepancies in the numbers. Corel repurchased 1.3MM shares and paid $5.4MM. This = $4.15 per share!
A quick glance at the chart over Oct/Nov says this is not likely. If this was US$ they are now in worse trouble than before and snakebit as investors. Most likely they were talking Canadian, or mixing their currencies.

Maybe you can figure out what they did. Else a call to IR might be in order.

Leo
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