Corel--$100 in 1998 Message Board

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Technology Stocks : Corel--$100 in 1998

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To: micromike who wrote (2274)	4/21/1997 8:17:00 PM
From: zigler	of 2329

Dr. Mike's fortune is vanishing! Cowpland's stake in Corel has fallen in value from $269 million in 1994 to $61 million today. I hope he was not buying on margin. Since Corel's share price is not trading on any common fundamentals like multiples of yearly sales (less than 1 times) or future prospects, then maybe it will start trading based on yearly cashflow. With a profit this year of $10 million, its P/CF ratio is 5.5.

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