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Technology Stocks : Corel Corp.

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To: Guaranteed who wrote (6766)6/17/1999 10:52:00 PM
From: Wizzer  Read Replies (1) of 9798
 
Phil, do you believe the market is now factoring the on-line store, the apparent profit that will be coming next week, some other factor, or any combination of these?

I felt yesterday and today that the stock was moving because of the on-line store being up and running. The apparent profit for the quarter IMO has not been factored in yet because it depends not on whether Corel is profitable or not, but if it beats the streets' estimate. The way this stock is trading, it looks like investors are confident in the outcome of this quarter's results to be buying on news of the on-line store when results will be out next week.

Would appreciate your thoughts. Still holding my shares and hoping for the best....

Regards, Wisam
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