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Technology Stocks : Corel Corp.

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To: Drew who wrote (9100)	5/18/2000 7:15:00 PM
From: Charles W. Breaux, Jr.	Read Replies (1) of 9798

The clock is ticking. Corel reportedly running out of cash Company may be burning money faster than expected By Mike Tarsala, CBS MarketWatch Last Update: 5:43 PM ET May 18, 2000 NewsWatch Ottawa's Corel sank 23 percent Thursday as the embattled company may be days from running out of cash, according to a Canada's Globe and Mail newspaper. Corel (CORL: news, msgs) had hoped to tap into $240 million in cash held by Inprise (INPR: news, msgs) before the two companies walked away from a merger earlier this week. Now Corel could be challenged in meeting its payroll, the newspaper said. quicken.com Good luck. Chuck

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