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Technology Stocks : Corel Corp.

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To: Hawkmoon who wrote (9522)8/16/2000 3:56:01 PM
From: Picanoc  Read Replies (1) of 9798
 
Read their last quarterly report! Revenues from Linux declined from the previous quarter, and it declined the quarter before that(3.5 ->2.6->2.3 in most recent).

By miniscule, I meant as a total of their overall revenue $2.6M of $36.67M total for the last quarter. RHAT had $16M of Linux revenue for that quarter, if I recall correctly. So Corel's revenue from Linux may or may not be miniscule compared to other Linux companies, but it is a very small share of Corel's total revenue.

Not to be too cynical, but a Corel for Linux sold at CompUSA in DC may or may not have been counted as revenue a couple of quarters ago...

As for StarOffice, I agree that Corel probably has more capability, but the quality sucks. If IT managers are looking for assurances, Sun will carry a lot more weight than Corel, burdened as it is by its own history. More to the point, Sun doesn't need revenue from StarOffice to survive. We are not talking about Sun's revenue stream from StarOffice, we are talking about Corel's ability to derive a revenue stream in that same space.
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