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Technology Stocks : Corel Corp.
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To: Bill G. who wrote (4056)12/22/1997 5:31:00 PM
From: Alomex   of 9798
 
Corel doesn't have the cash to buy back stock.

According to Corel's preannouncement they have 30 million in cash.

Five million bucks would have sufficed to be on the buying side of all trades for the last four days (keeping in mind that NASDAQ and arbitrageurs result in double counting).
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