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Technology Stocks : Corel Corp.

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To: A. Reader who wrote (7553)	10/14/1999 6:21:00 AM
From: A. Reader	of 9798

Corel's cutting edge Things didn't look so hot for Corel Corp. last winter when the company seemed to be desperately shedding divisions and technology in a bid to cut costs... ...When Corel dumped its NetWinder computer division in January in return for a 25% stake in a company with the boring name of Hardware Canada Computing, virtually no one called the move a stroke of brilliance, even though HCC was chalking up impressive sales figures. But now that the company has been transformed into a hot commodity with the jazzy name of Rebel.com Inc., Corel's stake is beginning to take on more prominence. With Rebel.com's upcoming initial public offering (IPO) of shares, expected early next year, Corel's initial $3-million stake in the company will in all likelihood grow quickly.... canoe.com

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