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Technology Stocks : Corel Corp.

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To: Skye who wrote (49)4/27/1997 10:44:00 AM
From: Bill Fischofer   of 9798
 
Re: Micrografx

Last year Micrografx picked off one of the hottest and most promising private software companies, Visual Software, which was a hotbed of 3D talent. I know because I really wanted them to IPO so I could buy into them. I guess that's now starting to show up in the integrated products.

Corel perhaps lost focus by trying to do too many things at once. I still believe that ORCL or SUNW could buy them out for their Java stuff and pay for it by selling off the pieces. There's still good value in many of the Corel products.

We'll have to see. I originally bought a small stake in COSFF as a MSFT hedge. My MSFT gains have far offset my COSFF losses, so I guess I can't complain but it's still a shame to see them flop around like this.
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