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Technology Stocks : Corel Corp.

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To: Hawkmoon who wrote (9524)	8/19/2000 6:43:38 AM
From: Picanoc	Read Replies (1) of 9798

globeinvestor.com Linux revenues are moving back up (up .3M to 2.6), but the big ugly story is continued erosion of WPOffice and Draw sales, which as discussed are of far more importance to the short term survival of the company. Part of it may just be a July slowdown. This puts tremendous pressure on the release of the next version of Draw, because the early 2001 release of WPOffice is too far away to matter. It also strongly suggests that the current quarter will be worse than the last, and the 4th isn't likely to be much better. The new CEO had better be in a position to drop the Cowplan 'profitable in 4Q, no layoffs' line soon..

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