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Technology Stocks : Corel Corp.

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To: Steve Johnston who wrote (8237)	12/20/1999 10:45:00 AM
From: Herb Duncan	Read Replies (1) of 9798

In an effort to put all things into perspective, (stock prices included) please refer to an extract from a recent Redhat news release. By the way as I write this RHAT is trading @ $257.90 a little insane dont you think. What were the recent C-Net ratings again? The company, which is the world's leading distributor of Linux, an alternative operating system to Microsoft's Windows, posted a net loss of $3.6 million, or 5 cents per share for the third quarter ended in November, down from a profit of $120,000 in the year-earlier fiscal third quarter. The latest quarter's results were a penny worse than the 4 cents per share expected by the three securities analysts surveyed by First Call/Thomson Financial, which compiles brokerage estimates. However, revenue for the quarter was up 24 percent to $5.4 million from $3.3 million a year ago.

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