Corel--$100 in 1998 Message Board

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Technology Stocks : Corel--$100 in 1998

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To: micromike who wrote (2284)	4/22/1997 3:33:00 PM
From: White Shoes	of 2329

For a very long time, and through several perceived buying opportunities, I have been holding off on adding to my position. Sentiment today could not get any more bearish. Investor's Digest says stocks are still overpriced, this thread is wringing its hands, and this drop is sickening beyond belief. I figure it is time to wade in. We are now at Mike Burry's "value" level. At this level insiders and employees are going to start loading up. I'm buying around $6.95 Canadian. (Just about $5.00 even U.S.) I am thinking something big will start to happen soon to get the stock rolling in the other direction. Last 2 days a lot of small sells have gone through, we've hit all kinds of stops, etc. But volume is low, and in fact ON BALANCE VOLUME indicates an uptrend. It seems to me this is a last blowoff to the downside. Don't try to talk me out of it, I think I'll profit, in particular in the very short term. Hey folks, why not move all this to the new thread...OK? Subject 14618

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