>> Shareholders now want higher stock price. They haven't got it. <<
ROFL!! Thanks for the chuckle, Vanni!
I have a bunch of Corel, with the hopes that either Corel will figure out how to make money with WP themselves, or somebody like Oracle, Sun, Lotus, etc will buy them to get WP as a way of taking a swipe at Microsoft.
While the latest numbers from Corel look encouraging, I can't help but think that the analyst community will wait for a couple of strong quarters (read "quarters where they made a lot of money") before significantly bidding up the share price. Corel management has been so flighty and their expenses have been so high for so long, that a single good quarter (i.e. what next quarter could be) might be seen more as an aberration than any sort of good reflection on the company.
I hope I'm wrong and this thing sails up, up, and away soon, but the pessimist in me says I've got a few more months to wait for any appreciable price movement...
-- Pete |
