Sorry Greg, don't know where it will be tomorrow, much less 3 months from now. I played this stock based on the Linux news. Don't know much about computers. I do know that there is a strong possibilty that MSFT will be broken up. Linux OS is seen as a welcomed replacement to Windows. DELL, with others, is offering clients the choice of operating systems.
Don't know much about Corel's history. But it seems to be well positioned to offer the new Linux OS. Thereby, it may have a strong growth potential.
RHAT market cap. =...$15,771,137,000
LNUX market cap. =....$7,860,996,000
ANDN market cap. =......$742,500,000
CORL market cap. =......$845,000,000
At today's price, Corel is trading at a fraction of other Linux related stocks.
A major difference in Corel's value, IMHO, is the Canadian media. In my view Canadian business reporters enjoy trashing their own. They view every company trying to make inroads in the U.S. with skepticism. Any of you remember the trashing BIDS received immediately following its NASDAQ listing. It was lambasted here at home and was never given a chance to prove itself. Now compare BIDS to Freemarket.com, which in many ways is a similar to BIDS. And the same is being done with Corel.
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Master |
