Corel Corp. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Corel Corp.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Picanoc who wrote (9418)	6/24/2000 12:43:00 AM
From: Kashish King	Read Replies (2) of 9798

I don't think the pending insider trading trial of the CEO is as much a factor in the financial scrutiny as the widely publicized door slamming episode. That's when the Inprise CEO found out that Corel's product sales and overall financial status bore no resemblance, none, to Bozo the Cowpland's claims in the weeks preceding the release of the quarterly report. So the "lenders" (certainly not investors and I would hesitate to even call them a lending institution) are trying to make sure they can dump millions of unregistered, highly dilutive shares and get their money back. Look, there no reason to suspect the power dive in Corel revenues has stopped. Furthermore, the massive layoff and mass exodus is going to leave cost them a fortune in severance packages while leaving the cupboards bare.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next