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Technology Stocks : Corel Corp.

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To: Mark S. who wrote (8272)12/22/1999 10:38:00 AM
From: Mohammed Bhimji  Read Replies (2) of 9798
 
Hi Mark,

Right now, it's pretty tough to stay positive about Corel.

I am trying really hard to, but it's difficult to ignore what has happened over the last few weeks:

* 50% drop from high $60's (CDN) to $30's
* VPs leaving
* CFO leaving (over the loss???)

Corel has good products, and can make a come back. However they REALLY need a change of leadership. Mr. Cowpland knows what he is doing, but perhaps he needs to take a back seat and allow a more seasoned senior management team to steer the company back into the black and into a major player.

Perhaps this means that Corel will be sold? Maybe that is the best thing right now?

I do wonder who is buying though...
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