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Technology Stocks : Corel--$100 in 1998

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To: White Shoes who wrote (2037)4/1/1997 5:13:00 PM
From: Sleeperz   of 2329
 
Giant Missed Opportunity
In Cowplands great quest to make Corel look Profitable Corel sold one of the greatest assets, CD Creator to Adaptec. Look at Adaptec now.
Corel could of been over C$10 today.

Received: April 01, 1997 10:45am EST From: Business Wire

( BW)(SONY-ELECTRONICS) Sony's New CD-Recordable Solutions Give
Consumers and Corporate Users Low-Cost Storage with Multimedia
Capabilities; Sony's Hardware and Adaptec's Software Let Consumers
and Business Users Start Recording CD-ROMs in a Matter of Minutes

Business Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--April 1, 1997--Sony Electronics
today announced its new line of Spressa(tm) 2X write speed/6X read
speed CD-Recordable (CD-R) drive bundles that include everything
needed for burning 650MB CD-R discs. These new bundles, specifically
geared for consumers, small office/home office (SOHO) users and
corporate America, feature CD-R software from Adaptec.
"CD-Recordable technology has taken off in the corporate and home
environment because CD-ROM discs are sturdy, inexpensive,
cross-platform compatible and hold a generous amount of data," said
Mike Vella, marketing manager for the Value Added Products Division
of Sony Electronics' Computer Components and Peripherals Group. "The
combination of Adaptec's CD-R software packages with Sony's Spressa
CD-R drives delivers data backup, archival and multimedia solutions
to end-users, as well as a complete package to resellers."
The consumer and SOHO bundle comes packaged with either the Spressa
960H internal or Spressa 9611H external CD-R drive, Adaptec's
DirectCD(tm) packet recording software, a SCSI interface card and two
pieces of CD-R media. In a matter of minutes, users can begin
cleaning up their hard drive by storing their excess data onto CD-R
discs.
.......
Adaptec's Easy-CD Pro software, bundled with the corporate model,
has emerged as the industry's top-rated CD-ROM mastering software and
is a perfect fit for Sony's rugged CD-R drive. Professional users,
ranging from multimedia title developers to mainstream business
users, will be hard pressed to outgrow Easy-CD Pro which combines
industrial-level features with an easy-to-use interface.
All three CD-R bundles are based on Sony's proven Spressa CD-R
drive. Named the winner of PC Magazine's Editor's Choice Award for
best overall CD-Recordable drive, the Spressa features a disc
recovery system to help prevent buffer-underruns. These can occur in
a CD-R system if the data transmission is interrupted during the
recording process, which destroys the disc. With Sony's disc
recovery, recording can resume at the point of interruption,
preserving the disc.

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