Tom, here's a Linux weather report after today's closing:
Latest
Annual
Revenue Market Cap Ratio
RHAT $ 42 M $4.7 B .0089
CALD $3.1 M $592 M .0052
CORL $246 M $614 M .4
What bag would you put your Linux marbles in? If I remember
correctly, Corel posted earnings last year. It may not
have been as "pretty" as it might have been, but it did
occur. Can you say the same for the others?
Although CORL revenue is primarily due to win products, the
imminent release of the Office Suite for Linux, plus the
desktop, plus Draw 9 for linux, will make CORL the premiere
Linux company hands down. Win productivity and graphic's
rev's will increase over time. Added altogether, earnings
should be good.
As to management, getting to this point, in the current
environment, is quite respectable. Further, cowpatty has
made significant management decisions to turn failed
initiatives such as jbridge and the netwinder into
profitable investments. He pursued linux appropriately,
while keeping core products alive. No small feat. Cowpland
has been tried by fire these past three years, and survived.
Hypster? That remains to be seen. If the stock returns to
$44, we'll know.
Oh, I almost forgot, collaboration. Is it toutology? I
don't think so. In our web-based economy, software without
the capability to enable collaboration among groups, let
alone companies, will simply bite the dust. Corel
Management has not exactly expressed a willingness to quit.
Cheers,
Scott |
