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Technology Stocks : Corel Corp.

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To: Peter Dierks who wrote (9624)	10/7/2000 9:41:14 PM
From: Thomas A Watson	Read Replies (1) of 9798

Microsoft and Corel--Not Good News linuxplanet.com From this article. "While neither Microsoft nor any of its affiliates are [sic] entitled to convert the preferred shares, they will be saleable to, and convertible by other parties, into an aggregate of 24 million common shares of Corel. Based on the number of shares currently outstanding, the common shares issuable upon conversion of the preferred shares would represent approximately 24.6 per cent of the outstanding Corel common shares after the conversion." Is there a way to convert these shares if sold by Microsoft? Tom Watson tosiwmee

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