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Technology Stocks : Corel Corp.

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To: Thomas A Watson who wrote (8448)1/7/2000 11:23:00 AM
From: Scott Volmar  Read Replies (3) of 9798
 
Tom: The Graphon announcement ain't no joke. My conclusion after thinking it through is that this initiative, which will allow access to complete windows apps through any Linux desktop via corporate intranets or the internet is "huge."

Why? It will allow companies the means to migrate from win to linux, period. The cost savings and stability of linux becomes much, much more irresistable to corporate America, as winbridge makes it easy to implement linux enterprise wide.

This announcement will cause "Big Money" to evaluate CORL with far more confidence. Over the next several weeks we will see large blocks of shares bought and held.

My price target in November was $35 by 12/20. Corl broke through that and has now receded to bargain basement prices. After thinking through the implications of this latest announcement, my personal price target is $100 by March 15th. I'm liquidating elsewhere and adding to my position on CORL.

Smiling too,

Scott :)
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