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Technology Stocks : Corel Corp.

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To: Steve Johnston who wrote (8310)12/23/1999 12:51:00 AM
From: Thomas A Watson  Read Replies (2) of 9798
 
To me the most telling part of the earnings surprise is the part where Corl whomever was saying gee what a surprise. The credibility of corl to the investment and analysts community was destroyed. Especially considering all the proactive misinformed rosey Linux talk from Mr. Copland. But it proof again to me that Mr Copland is not guilty of insider trading because in addition to my opinion he does not have technology clue, he also does not have a finance clue. So institutions will most likely avoid the stock until some earnings credibility is returned. So the stock is in the hands of the learned public. The wishful and the wouda coulda shoulda bunch. The CFO is leaving, that's credibility.

Tom Watson tosiwmee
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