Corel--$100 in 1998 Message Board

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Technology Stocks : Corel--$100 in 1998

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To: zigler who wrote (2225)	4/18/1997 8:51:00 PM
From: Alomex	of 2329

>> 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. << Hear, hear. I'm surprised at the number of people in SI who hold managers personably responsible for having bought overvalued stock. You cannot ask more from management apart from steadily increasing sales (year to year). If the sales increase and the stock falls then in all likelihood it was overvalued (see IOM at $50, PASW at $25, NSCP at $80, Corel at $20, you name it). As with Zigle, I would not buy over $10, but I would _hold_ all the way to $15 (figures subject to change with good/bad news).

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