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Technology Stocks : Corel Corp.
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To: Drew who wrote (9487)8/11/2000 8:29:15 PM
From: Picanoc   of 9798
 
I hope it is not in a RSP account - it is a capital loss waiting to happen. Revenues are flat/declining, people are leaving, and management is really sort of stalled. The heart of the 'turnaround' plan appears to be cost-cutting through apathy. The only product release they have announced is Draw for Linux, which rests on the same stalled desktop Linux market.

Corel probably has cash for operations through October, and then they are back to the well one more time...
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