Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: A. Reader who wrote (1022)	7/21/1999 6:21:00 PM
From: A. Reader	of 1094

Software is becoming online service ...Corel Corp., for instance, is using the Web to simplify the costly chore of updating programs and finding space on retail shelves. Instead of selling CD-ROMs full of digitized photos, Corel began using its Web site to sell individual photos that, at $8.99 to $99.99 each, are both more current and more profitable than $39.99 disks that stored 100 photos each. This month, it is launching a $29.95 annual subscription for access to one million images called clip art; Corel used to sell the same number of images on 14 disks for $129. Eventually, Corel, based in Ottawa, expects to deliver virtually all its products by subscription over the Web. “With the Web, you can update your product once a month or once a week instead of once every year and a half,” says Michael Cowpland, Corel's chief executive officer.... msnbc.com

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