Scott:
I decided after reading your thoughtful reply to check out CORL's Q1/Q2 financials, and saw enough to decide to keep an eye on CORL's progress and developments through the SI thread, and if I can find the time, dust off and update my Corel earnings model.
In the last two weeks CORL has put on about 55%. I haven't bought in yet, but that's because of my distrust of Dr. C and my promise to myself two years ago that I wouldn't go near CORL until he was gone. But improving fundamentals may change my mind, if only to maybe remove that big red line from my last three years P&L!
However, I can't see anything to warrant the recent run up other than ADBE takeover rumors (which appear to be unfounded based on the posts on this thread) and the link to RHAT, which doesn't IPO for three weeks or so yet. Anything I've missed that you are aware of?
As an aside, I've found over the last couple of years that the SI threads are the best place to pick up reasoned discussion and breaking news on just about any tech stock, they beat the real time news feeds that I receive for timeliness and accuracy all the time. In particular, based on my quick review of the last couple of months' posts, the people on this thread deserve congratulations for maintaining a balanced and courteous discussion in the face of hard times. It's a refreshing break from some of the acrimonious and personal attack stuff that gets posted on threads like DELL and AOL in hard times!
David T. |
