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Technology Stocks : Corel Corp.

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To: Vitalsigns who wrote (6846)6/26/1999 12:28:00 PM
From: Daniel Shaffer  Read Replies (2) of 9798
 
Settlement less than optimum.

New York Times today has an excellent article on the settlement at URL

nytimes.com

Corel won't be able to bid on a Revenue Canada contract until 2006.
The potential value of the contract to GE Capital/Microsoft is $55 million Canadian.

Still, Ca$9+ million is a lot better than nothing and should help the balance sheet for this quarter!
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