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Technology Stocks : Corel--$100 in 1998

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To: dan pearson who wrote (1987)3/29/1997 1:39:00 PM
From: Maher Sid-Ahmed   of 2329
 
Sell recommendations by top analysts in the Globe and Mail and Investors Digest were also given about Sears Canada about 6 months ago when it was $7 now it is $13.50. Now it is a buy/hold recommendation. Top analysts also recommended Bre-X as a buy when it was $19. Now it is $2.50. I bet next recommendation for Bre-X will be a sell. Use your judgement in investment. Corel WP suite is outselling MSFT's suite at the retail level. At the corporate level it is slicing a small portion. Corel has WP suite for the medical profession, construction profession, etc. which MSFT does not have. Be patient with this one. Don't expect Corel to outperform MSFT, that is an impossibility right now, but you can expect corel to increase two or three points before the next quarter, and if it exceeds analysts expectation then it might make a run to C$20 (just a guess.)

Maher
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