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Technology Stocks : Corel Corp.
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To: WBC who wrote (9379)6/19/2000 1:06:00 PM
From: Picanoc   of 9798
 
>His obsession seems to go beyond reason for a dissatisfied investor. By maligning the products at the "code" level, he is telling me that he is a disgruntled ex-employee, a competitor or a short....all of whom should have zero credibility on this thread.<

Or maybe someone who knows what he is talking about. The implication is that if you criticize Corel's development practices, you should have no credibility. You don't need to have access to Corel source code to know that they never fixed the leaking ship, they just bailed faster for a while. Why you dismiss the credibility of ex-employees is beyond me - virtually everybody involved with Corel is disgruntled - hence the rampant resignations.

The simple fact of the matter is that Corel is a software company which has never developed a professional methodology for software creation. You can believe that the problem is just poor marketing, but I think Corel has had some solid marketing efforts - but to deliver on them takes a level of execution the company has not displayed since 5 guys ordered a lot of pizza late at night for 6 months and produced CorelDraw.

The rot in this company goes deep - it will take several tiers of people who think there is more to good management than male bonding in cubicles. The open question is whether this enough time and money for this management overhaul to happen before the company collapses.

The tragedy here is that I think there is remaining value in many of the core products, even if, as Rod suggests, they need to be rebuilt from the ground up. It could have been done.
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