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Technology Stocks : Corel Corp.

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To: louie who wrote (7497)9/21/1999 10:39:00 AM
From: Scott Volmar  Read Replies (2) of 9798
 
I agree Louie, CORL is still heavily undervalued, and now well positioned as "growth" company. Using yesterday's earnings and the current $9, PE is about 35 and should be about 55 or more. A reasonable share price should be $14 giving the company a market cap of approximately $1 Billion. It's certainly "V" Day for Corel (both victory and vindication), and the best is yet to come.

Scott
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