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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: David R who wrote (4875)5/12/2000 11:47:00 PM
From: Kashish King   of 5102
 
Another historical link:

Message 13704933

Another GEM from last year. A month after this he made the comments about inked Linux deals with Compaq and Toshiba and a slew of multi-language versions almost ready to ship -- whatever "soon" means. Please don't assume this is all there is. This general pattern has been going on for as long as I remember. I still have an open mind and would change my opinion if any of these plants could actually provide me with solid reason to do so.

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Corel's Cowpland charged with insider trading

(Excerpt from article by Jack McCarthy, IDG News Service, October 14, 1999)

Michael Cowpland, president and chief executive officer of Corel Corporation, has been charged by the Ontario Securities Commission with three counts of violating Ontario securities law.

The commission charged Cowpland with using insider information about a lower-than-expected quarterly financial report for Corel's third quarter of 1997 to sell 2.43 million shares of Corel stock for about $14 million, said Frank Switzer, manager of corporate relations for the Ontario Securities Commission.

The commission also charged Cowpland's personal holding company, M.C.J.C. Holdings Inc., with a single count of violating Ontario Securities law, Switzer said.

"He is charged with what is commonly known as tipping, with making insider trading and with making a misleading statement to the securities commission. The holding company of which he is a director did the trade," Switzer said. "We allege he was in possession of a material fact that Corel would fall short of the forecast for the third quarter of 1997 by a significant margin."

The commission administers and enforces securities legislation in the province of Ontario. Corel is based there in the city of Ottawa...

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