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Technology Stocks : Corel--$100 in 1998

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To: Maher Sid-Ahmed who wrote (2271)4/21/1997 5:47:00 PM
From: Peter Mills   of 2329
 
Hi Mahar, possible reason for drop is because the NASDAQ price is below $6 US. At $5, the stock is no longer marginable. Investors will be forced to sell at $5 and price will go down. So being smart investors, the selling begins somewhere between 5 and 6 dollars. It has happened with other stocks and could be in play here. I have no way of confirming this; these are only my thoughts on what I think could be happening.

BTW, your comment "the biggest problem with all the threads that I follow is that they turn into a cult for a particular stock, supporting the stock no matter what." is dead on. In the case of this thread, it is no longer useful for investment decisions; I read it for entertainment.

Good Luck with your future investments.
Peter
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