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Technology Stocks : Corel Corp.

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To: Hawkmoon who wrote (9571)9/8/2000 3:15:14 PM
From: Alomex   of 9798
 
But I have to admit that with the rumours of CORL going back for more money from Caanacord, short term upside is probably a bit more limited until that deal is done.

Today's Globe and Mail (Toronto's National Newspaper) quotes the prez of Canacord saying that they are likely to provide another $20-30mill soon to Corel.

They also quote Corel's CFO as saying that they are looking for extra money, but hope to get a loan from a bank instead.

A banker is quoted saying: no way. Corel should go back to the stock market and get money via the Canacord route.
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