Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: Leo Mitkievicz who wrote (1026)	8/3/1999 6:46:00 PM
From: Leo Mitkievicz	Read Replies (1) of 1094

Corel's response to the national post article which is preserved by SgtPepper on the main thread here: exchange2000.com Press Release below excerpted from biz.yahoo.com Corel Responds to Speculative Media Report of Ontario Security Commission Activities OTTAWA--(BUSINESS WIRE)--Aug. 3, 1999--The unconfirmed and unsubstantiated story in a newspaper today of the Ontario Securities Commission's consideration of a Notice of Hearing came as a complete surprise to Corel Corporation (NASDAQ:CORL - news; TSE:COR. - news) and its president and chief executive officer Dr. Michael Cowpland. No information has been conveyed by the OSC to either Corel or Dr. Cowpland suggesting that a Notice of Hearing is under consideration by that regulatory body. The Securities Act of Ontario prohibits the disclosure of confidential information relating to any investigation that may be ongoing at the Ontario Securities Commission. Inquiries of the OSC on behalf of Corel and Dr. Cowpland have confirmed the Commission's refusal to comment on the newspaper story or its propriety. Accordingly, Corel and Dr. Cowpland have no further comment.

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