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Technology Stocks : Corel Corp.

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To: Robert who wrote (8768)3/20/2000 8:40:00 PM
From: Pete  Read Replies (2) of 9798
 
Robert,

You were talking to the list at large I hope ;-)

Maybe I should've put wink in my last post - This is the last stock I would touch. I learned my lesson a couple of years ago (Mr. C is now up on charges for it), and I have been hearing about their inner workings and chuckling with disbelief ever since.

The place is a mess. If the great Linux bubble didn't happen, they would still be a $7 (cdn) stock. A 30 year old Exec VP of sales gets promoted and then all the experience quits? What a joke. I can't believe Mr. C. has been able to play with the public's money for this long, hiring inexperienced "yes" executives and continuously chasing the flavor of the month.

The funny (or pathetic) thing is that I was actually thinking of picking some up last August, with a hunch there may have been a Linux "spike". Never would have dreamed that it would have "fluffed up" to 50 bucks!

Wait until the borland stakeholders turn down the deal. This stock's got nowhere to go but down.

-Pete
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