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Technology Stocks : Corel Corp.

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To: A. Reader who wrote (7869)12/1/1999 7:55:00 AM
From: A. Reader  Read Replies (4) of 9798
 
Corel on the acquisition trail
Stock surge adds $600-million to market value in a month;
purchase a 'definite possibility,' CEO says

Ottawa -- Armed with a surging stock price, software maker Corel Corp. is shopping for acquisitions, its top executive said yesterday.

Michael Cowpland, Corel's president and chief executive officer, said an acquisition -- either a technology or a company -- is a "definite possibility" in the near future now that its market capitalization has taken a dramatic turn for the better....
globetechnology.com
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