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Technology Stocks : Corel Corp.

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To: Leo Mitkievicz who wrote (6681)5/24/1999 1:04:00 PM
From: Scott Volmar   of 9798
 
Leo, Patience isn't always a "virtue," but I'm glad I didn't "dump" my shares afterall. Corel has a real contender in Office 2000. Although MS Office has an advantage with integration and some features, that gap has been dramatically reduced. I've been using MS Office 97 exclusively for the past few months to get a feel for the "nuances" that may be better or worse. To me, WordPerfect gets the clear preference. Although I have enjoyed Excel slightly over QPro, there is almost no difference. The new Corel Office 2000 is a fine product.

I can't imagine Corel not being able to sell a million copies a quarter. If they do not, it will be because of an inability to market effectively. (Sound familiar?) With the Suites now more similar than ever, it is a "psychological" war that Corel must fight in order to secure sales.

As far as Draw and PhotoPaint go, as fine as products as these are, I'm concerned about the competition, particularly Adobe's lineup. It seems Corel needs to figure out an effective strategy to move these products. But the real potential for profits is in the Suite. Corel has FOCUSED well on its production, I hope they FOCUS on it in marketing.

Up, Up, and Away,

Scott
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