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Technology Stocks : Corel Corp.

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To: Mike Boiko who wrote (8201)12/18/1999 9:13:00 AM
From: Mohammed Bhimji  Read Replies (1) of 9798
 
Hi Mike,

I thought there is only one analyst following Corel?

I think what frustrates me the most, is that this analyst continues his harsh attacks/analysis against Corel. I agree that the analyst has a duty to his clients -- but that is where it should end.

This long and continued public attack/analysis, IMHO is not justified.

Yes Corel has had problem, yes it is having problems. BUT they are making money -- how many other Linux stocks are? Or for that matter how many of the other high flying IPOs recently are? Yet they're being upgraded even though they have no hope of showing profits for many, many quarters.

I bought shares in the $5-7 range, and could have sold in the $60's and made a really nice profit but I think Corel has a future and decided to hang on.

I don't expect Linux to take 50% of MSFTs market share -- but even if they take 1% or 2% of a multi-billion dollar market that will add value to the companies dealing in this area.

If Creative didn't think Linux would hold promise, I suspect they would not have jumped on board.
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