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Technology Stocks : Corel Corp.

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To: Kashish King who wrote (9321)	6/14/2000 1:16:00 PM
From: Daniel Chisholm	Read Replies (1) of 9798

Novell lost the game 10 years ago and dumped the product on Corel for cheap. Ahem. You're wrong here, Rod. Corel paid $450M (I think) for it. I think they wrote off a fair sized chunk of it since then (something keeps twigging my memory that they had a second writedown too). However they are still making cash payments to Novell for it... Who do you suppose got the better side of that transaction? - Daniel

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