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Technology Stocks : Corel Corp.

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To: Scott Volmar who wrote (8693)2/16/2000 11:36:00 AM
From: John Solder   of 9798
 
I see nothing good in the chart.
Trading below both 5 and 20 day MA and bouncing off the lower BB. Both RSI and OBV very weak. MACD also nothing supportive of a reversal. I see a continuation of the trend.

IMO, the general weakness of the chart coupled with the external pressure of MS2K rollout and INPR deal getting poor support, will cause continued stock price erosion.
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