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Technology Stocks : Corel Corp.

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To: Scott Volmar who wrote (709)	6/19/1997 10:35:00 AM
From: A. Hayer	of 9798

Bad news for Adobe may be good news for Corel. --------------------------- SAN JOSE, Calif. --- Adobe Systems reported Wednesday lower-than-expected second-quarter operating earnings of 57 cents a share. No reason was offered for the disappointing performance. However, the company said sales of MacIntosh-platform products fell 12 percent and, for the first time, made up less than half of Adobe's applications business. techweb.com -------------------------- This may be a first indicator that Mac users are moving to Windows based systems where Corel still has 85% of the graphics market share. I think there will be some growth in Corel's graphics business. We might get 200M in sales from graphics this year. ah

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