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Technology Stocks : Corel Corp.
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To: Peter Watson who wrote (8579)1/20/2000 2:55:00 PM
From: Thomas A Watson  Read Replies (1) of 9798
 
Well Peter, maybe you are correct, Is there a pent up demand looking for a solution to the borg viruses? But my gut says that Corl now has a pile of little Linux companies of 2 to 10 people and I don't see a clear strategic focus other than standard sales value software selling into the crowded share/free/commercial application market. The Linux focus may fratracide their Borg products and I also have a low opinion of the engineering software development compromise made by corl. Short term apparent benefit which is false and will lead to mid and long term compatibility and function feature lag. More costs to deliver with thin margins because of competition.

I also find the grand pronoucement of Corl news releases
(With the purchase of we are now leading end to end) when examined under the light of reason to really push me to extreme caution.

And to all, I must say that for the last several days I did not like the feeling of my resolve being tested. I was short Corl 1k at 19 1/4. I had set an 18 buy to cover and as I stated before I don't like to bet against stupidy. Anyway today I closed my short at 19 for a small profit and once again hold no corl plus or minus. But am I'm temped to bet on stupidity again? hmmmmm....

Tom Watson tosiwmee
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