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Technology Stocks : Corel Corp.
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To: Jambo who wrote (70)4/29/1997 5:57:00 PM
From: zigler   of 9798
 
The stock market is ALWAYS forward looking. An expected write down of software or obsolete assets usually does not have any effect on the stock price. In fact, this is the "cleaning of the slate" that may help Corel's stock price as investors start to concentrate on improved future earnings resulting from this write off.
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