Corel--$100 in 1998 Message Board

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Technology Stocks : Corel--$100 in 1998

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To: Bill Keating who wrote (2228)	4/18/1997 10:59:00 PM
From: Maher Sid-Ahmed	of 2329

Bill. Thank you for your supportive statements. I agree that Cowpland does not exercise cost control. Gates on the other hand has always exercised cost control and was able to build the company cash to almost $12 billion. I have sold 60% of my holding in Corel, not because I have doubt that the company will eventually turn a profit, but because there are too many uncertainties with this company that were not apparent to me when I invested in this company. Zigler states, indirectly that I paid too much for the company shares. Well, if he thinks the company shares will eventually be worth $30 then paying $11 or $12 is not much at all, until new surprises are revealed and the stock tumbles $0.10 after $0.10 until it is down more than 40% of what you paid for it. Warren Buffet, once said believe your eyes when investing. To deny that the stock is dropping, when it is, to deny that the CEO is fumbling when he is, are big mistakes. Let us all hope for the best and not to be blinded from reality. Maher

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