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Technology Stocks : Corel Corp.
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To: hdl who wrote (9517)8/19/2000 1:46:35 AM
From: Kashish King  Read Replies (1) of 9798
 
My take on Cowpland's departure is that he destroyed the company and would rather not go down with the ship. It's that simple. He had those who aren't in the industry and reading industry rags into thinking he was a visionary, a characterization a few uninformed sychophants still use.

Meanwhile every professional analyst and industry insider knew he was jumping on stale bandwagons just as they moved into public view: probably to pump the stock with buzzword compliant rhetoric. He had the vision to read the cover of PC Week and other sorted publications to see which wagons were worth jumping on: Video Conferencing, Network Computers, Java and now Linux. Again, not LEADING but just following a well-worn path led by companies who actually know what they are doing.

Corel was basically a shrink-wrapping company. A publisher with some dwindling titles and a few programmers tinkering around with the look and feel. Anybody with any sense knows that.
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