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Technology Stocks : Corel Corp.

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To: eyewatch who wrote (9563)9/6/2000 4:03:33 PM
From: Alomex  Read Replies (2) of 9798
 
Corel is losing cash at a rate of $95 million a year. It reports cuts totaling $40 million and the stock goes up!?!?

Is the product line better? are the cuts enough to put this company on the path to profitability? is there a new and sudden acceptance of Corel Linux?

Today I increased my short position 30%.
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