Well, I would have to say that if he hasn't been trying to pump up the stock and his own stature with hollow rhetoric then he's simply incompetent. Let's get serious here for a minute. Visio went from several million to several billion in market cap and had sales that dwarfed Corel's. Where was Corel in that market space? Building the next big thing: a video conferencing system. An example of something that is an integration of off-the-shelf parts that Corel spins its wheels on for years on end. It went nowhere, period. While Word Pefect continued its long slow decline, Corel was busy failing in the replacement big-thing: Network Computer. One more off-the-shelf thing they spun their wheels for years on: they dumped it. Well, they weren't goin to let that stop them. The next big-thing is Java office software: off they went. Crash and Burn. Getting the picture? Now it's Linux: an OS that has been gaining momentum for 5 years and Corel, as always, is the last one on the bandwagon from the development point of view. They are using an existing Linux and tinkering around with it. Anybody can do that, but only Corel could manage to flood stores with Corel Linux. Where is the revenue? Diddly Squat, more losses and red ink.
No, I'm sorry. You are flat wrong about this. He's just keeping the bilge pump working over time and hoping the market forgets all hollow blustering. There are approximately zero analysts who disagree with me on this. Cowpland has been Corel's greatest liability, bar none. Is anybody wasting their time covering this worthless piece of space junk? Oh yeah, somebody has a STRONG SELL out on them. They have managed to tread water and that is about the only positive I see here.
Emphatically yours. |
