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Technology Stocks : Stock Swap

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To: Robert Miluga who wrote (5810)5/19/1997 6:30:00 PM
From: Trader X   of 17305
 
re, COSFF--Corel.

Corel did that skyward move stockwise back when they were being ultra aggresive...practically giving away CD ROMs full of 3rd rate photo images for the non professional wanting to play with cheap images.

It was a big deal, undercutting image banks everywhere by a fraction.
Now everyone is doing it and Corel no longer has that edge. I haven't a clue as their software products.

As for the stock, it is still in a *downtrend*, no bottom in sight.
Resistence is just a couple points above where the price is now.

-KH
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