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Technology Stocks : Corel Corp.

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To: zturk who wrote (8734)3/3/2000 3:14:00 PM
From: Scott Volmar  Read Replies (2) of 9798
 
Dan: Website indicates report due week of March 20th. If Peter's right and the revenue is anywhere near $75 M, the stock will skyrocket again.

I expect that if revenue is good, the launch of WP 2000 for Linux goes well, and the merger is completed, we'll see coverage started by a major brokerage.

With MSFT beaten down, accompanied by the rather dull reception of Win 2000, software stocks have not been "where the action is."

As chips, broadband and biotech run their course, software will get the attention of the market again, and Corel will be the best Linux bet. The merged company is just too strong to ignore. RHAT and LNUX have taken a quite a beating lately too.

Looks like I'm wrong about $100 by 3/15, so I'll revise to $100 by 6/15.

Further Up,

Scott
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