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Technology Stocks : Corel--$100 in 1998

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To: A. Hayer who wrote (2211)4/18/1997 10:19:00 AM
From: Maher Sid-Ahmed   of 2329
 
Hayer. Did they repurchase any common shares? This company has little to no institutional backing and unless they are willing to stop the slide of their shares by repurchasing, the vultures will continue hacking at the price until volume buyers step in. Since this share is thinly traded it can be pulled down by individual buyers and stock holders holding the stock on margin. Compare this stock with stocks of similar price. A year ago you could have purchased 1.5 shares of Sears Canada for each share of Corel. Today 1.5 shares of Corel will buy you a share in Sears Canada. This is quite a drop in Corel stocks over 1 year. You can root all you want for Java and WP8 and this will contribute nothing to the share price. If Mike Cowpland does not get the message from a representive lurking on this thread that we as share holders are expecting announcements that will move the stock upward, he will continue as if everything is in order.

Maher
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