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Technology Stocks : Corel--$100 in 1998

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To: Maher Sid-Ahmed who wrote (2223)4/18/1997 5:34:00 PM
From: zigler   of 2329
 
Maher, Its sounds like you are kind of pissed off at Cowpland.

Your arguments show how illogical your thinking has become towards Cowpland, Corel, and I guess the whole Canadian high technology sector. You may want to consider the following points.

1) Cowpland has nothing to gain with the share price dropping since he owns more shares than any piss ass amount that you or anyone else on this thread could buy. Your arguments saying that Cowpland is going to walk away with millions leaving Corel bankcrupt makes no sense. If he was going to walk away, he should of skipped town when the share price was 30 something.

2) Investing in Canadian high technolgy can be earn you as much as anywhere else. Examples are, Ballard Power, Northern Telecom, Newbridge, Gennum, and Trojan Technologies. Just one though, Corel is trying to rescue WP from its previous non Canadian bad management.

3) It is not Cowpland's fault that you lost money but yours alone. Cowpland did not make you invest in Corel, you made that decision.

4) Most of the time losses are due to the market driving the share price far above any realistic value. When the shares correct, pissed off shareholders try to blame management. However, I cannot say this happened to Corel.

5) I have started to invest in Corel because I think it has more up potential than down potential at this price. I would have never bought it at anything above $10.

If Corel goes up I will make money. If it goes down I will loose money, but it will be my fault alone because I made the decision to invest. People like yourself will look to blame others for their bad investment decisions. If I loose money I will understand that you cannot win them all, but I will never blame or trash Cowpland over this thread. I guess I have some class, which I cannot say for you.
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