No much of a Corel fan, but I have to put CORL on the focus lists because of LINUX. Corel has a very smart marketing strategy to position itself to be the KING of LINUX on DESKTOP market (vs. RedHat as a leader in server market). The nice thing about that is nobody can dispute that claim because of its office suite running on LINUX. The closest competitor will be Star of SUNW, but, hey, where is SUNW's LINUX strategy? So on this move, CORL is smart, very smart.
Corel is still not a value play yet, but compare to RedHat, either Corel is undervalued or RedHat or VA LINUX is way overvalued. Technically Corel has all the possible bad news presented to us for the past few years, I just couldn't think of anything can crash the stock anymore (except the overall stock market crash of course). OTOH, any positive news is going to ignite the irrational run up such as today. Even at RHAT current price level, I doubt that many people have the guts to short RHAT, then how about shorting CORL? Worth to put some spare money in just for the fun of it. Good luck to all the longs here, and shorts too. |
