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Technology Stocks : Corel Corp.

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To: Matt Burton who wrote (59)	4/28/1997 8:08:00 PM
From: micromike	of 9798

Matt a lot of people on this thread are very upset over the amount of money Corel is spending on their ad campaigns.I'm sure they are not pleased to hear that Corel isn't getting any recognition from your point of view. But from my point of view I think they have done a good job and they should slow down on their spending now. The problem why the stock is not doing anything but dropping is that they are competing against MS head on. Their first quarter results were unexpectedly weak. People don,t have confidence in Cowpland (CEO) he keeps telling us the quarters are going to be profitable then post very weak earnings and or losses. Lack of any substantial news like a good bundling deal with Sun using their new Corel office Java. Lets get that Office Java out the door. Mike

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