Considering Corel is laying off the talent and their market shares is falling like a rock. What does Canaccord gain by putting the screws to Cowpland. Were would they get security from a software company.
I'm referring to pressuring MC to resign or take a non-managerial demotion, while they bring in a turn-around specialist who can straighten this mess out and bring back value to the product line, as well as the stock.
And completely disagree with you about their Linux products being smoke and mirrors. Dell just signed with RedHat, and if CORL gets their act together and can show they have financial viability, they can attract other clients (who are mainly more concerned about CORL's longevity, than the obvious quality of their product line which is difficult to dispute.
Linux will continue to build momentum throughout 2000-2001 and beyond. Certainly the first GUI based applications will be versions ported from other OS's, and most expect that. And if CORL captures a sizable portion of that market, then if will provide a nice base off of which to fully convert to the Linux OS.
So what Canaccord has to look at is whether CORL has a viable product line that can bring profitability, and what barriers prevent the company from achieving success and securing the value of their investment. The only real obstacles I see in the short term are in the managerial level, and obviously with cash flow/burn.
It is clearly apparent that knowledgable reviews are seeing CORL as a potential category killer in the linux applications market. But the shorts are just too busy focusing on MC and the short-term cash crunch, instead of focusing on the intermediate and long-term value and potential.
Regards,
Ron |
