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Technology Stocks : Corel Corp.
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To: Tom C who wrote (9448)7/11/2000 2:23:01 AM
From: Kashish King  Read Replies (2) of 9798
 
Regarding CORL being a dollar off its lows, you suggested it's because they are losing money and very few people are susceptible to CowPies hype these days.... I find that puzzling. How does that explain the extraordinarily high levels of the stock, still a whole dollar above the 52-week low? It's astonishing that CORL can support these levels with sales plunging at a 30% plus clip and a costly, highly dilutive and ultimately destructive stock-for-cash deal with so-called "lenders". At the risk of exaggerating to the upside, CORL is hanging on by a hair's breadth.
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