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Technology Stocks : Corel Corp.

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To: A. Reader who wrote (7885)12/4/1999 8:44:00 AM
From: A. Reader   of 9798
 
From the article:
Corel denies Red Hat rumours
By Gabriel Landriault, Computer Dealer News

According to Avner Mandelman, a partner with Toronto-based Giraffe Capital Management, even though Corel is in the black after a two year restructuring process, the company would not be an easy takeover.

"They didn't set themselves up as an acquisition target, they basically fixed the company," he said. "If someone wants to take a run at them there's a soft poison pill in place. Basically that you can't just take 51 per cent of the company then steal the product and leave the other 49 per cent holding the bag..."

...Mandelman believes Corel could be the technology stock of the decade.

plesman.com
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